Categories AlphaGraphs, Earnings, Leisure & Entertainment
Infographic: Electronic Arts (EA) Q4 2020 earnings results
Electronic Arts’ (NASDAQ: EA) fourth quarter 2020 financial results beat the market’s estimates. However, lower-than-expected earnings outlook for fiscal 2021 dragged EA’s stock price in the extended-hours of the trading session. For Q4, the gaming firm reported earnings of $1.43 per share on revenue of $1.39 billion. This compares to the analysts’ EPS target of $0.98 and the revenue target of $1.19 billion.
As more people have been staying at home due to the lockdown raised out of the global pandemic, Electronic Arts experienced heightened levels of engagement during the quarter.
The Redwood City, California-based firm expects fiscal 2021 earnings to be $3.35 per share on revenue of $5.53 billion. Wall Street had projected the company to earn $4.96 per share for the current year. Shares of Electronic Arts, which hit a new 52-week high today, dropped about 4% after the earnings announcement.
Most Popular
Microsoft (MSFT) reports higher revenue and profit for Q3 2024
Microsoft Corp. (NASDAQ: MSFT) on Thursday said its third-quarter 2024 earnings increased year-over-year, reflecting strong performance by the tech giant’s main operating segments. Third-quarter revenues came in at $61.86 billion,
GOOG, GOOGL Earnings: All you need to know about Alphabet’s Q1 2024 earnings results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its first quarter 2024 earnings results today. Revenues increased 15% year-over-year to $80.5 billion. Revenue growth was 16% in constant currency. Net income was
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
