Electronic Arts Inc (EA) revealed earnings for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $293 million, or $1.11 per share. This compares with $290 million, or $1.07 per share, last year.
Analysts on average had expected the company to earn $1.08 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.2% to $1.883 billion from $1.945 billion last year.
Electronic Arts Inc earnings at a glance (GAAP) :
-Earnings: $293 Mln. vs. $290 Mln. last year.-EPS: $1.11 vs. $1.07 last year.-Revenue: $1.883 Bln vs. $1.945 Bln last year.
-Guidance:Next quarter EPS guidance: $0.65 to $1.00Next quarter revenue guidance: $1.682 to $1.832 BlnFull year EPS guidance: $3.90 to $4.25Full year revenue guidance: $7.250 to $7.400 Bln
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.