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A visual dashboard of Electronic Arts (EA) Q1 2021 earnings results

Electronic Arts (NASDAQ: EA) reported first quarter 2021 results that exceeded market’s estimates. Earnings of $1.25 per share topped analysts estimated earnings of $0.79 per share. Revenue soared 21% to $1.46 billion in the first quarter of 2021.

EA stock was trading up about 1% in the after-hours session.

For the fiscal year ending March 31, 2021, Electronic Arts projected net revenue of about $5.625 billion and EPS of $2.97.

For the second quarter of fiscal 2021, the gaming company expects EPS to be $0.21 and revenue to be about $1.125 billion.

Looking forward to listening to management/analysts comments on quarterly results? Stay tuned here for Electronic Arts Q1 2021 earnings call transcript

Tags: GAMING
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