What Analysts Expect from Electronic Arts’ Fiscal 3Q17 Earnings



Electronic Arts’ fiscal 3Q17 earnings

US-based (SPY) Electronic Arts (EA) will be announcing its fiscal 3Q17 results on January 31, 2017. Analysts estimate the firm will post revenues of $2.05 billion for the quarter, which ended in December 2016, with a low estimate of $2.0 billion and a high estimate of $2.11 billion.

The earnings per share (or EPS) estimate is $2.30 with a high estimate of $2.54 and a low estimate of $2.24. If EA meets analyst revenue estimates of $2.05 billion, it will mean a YoY (year-over-year) increase of 13.9% compared to fiscal 2Q16.

As the above chart shows, EA beat analysts’ EPS estimates in fiscal 2Q16 by 44.4% with posted EPS of $0.65. EA also beat analyst EPS estimates in fiscal 3Q16, 4Q16, 1Q17, and 2Q17 as well by 1.1%, 19%, 450%, and 23.3%, respectively.

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Revenue of $898 million in fiscal 2Q17

Electronic Arts (EA) announced its fiscal 2Q17 results on November 1, 2016. It reported revenue of $898.0 million compared to $815.0 million in fiscal 2Q16. Net revenue was $17.0 million below the company’s guidance, and deferred net revenue was $40.0 million above the guidance of $200.0 million.

EA is a market leader in the gaming space and has a market cap of $24.2 billion. Peers Activision (ATVI), Take-Two Interactive Software (TTWO), and Zynga (ZNGA) have market caps of $28.7 billion, $4.5 billion, and ~$2.2 billion, respectively.


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