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
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.