Electronic Arts Inc (EA) revealed a profit for first quarter that Drops, from last year but beat the Street estimates.
The company's bottom line totaled $201 million, or $0.79 per share. This compares with $280 million, or $1.04 per share, last year.
Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.7% to $1.671 billion from $1.660 billion last year.
Electronic Arts Inc earnings at a glance (GAAP) :
-Earnings: $201 Mln. vs. $280 Mln. last year.-EPS: $0.79 vs. $1.04 last year.-Revenue: $1.671 Bln vs. $1.660 Bln last year.
-Guidance:Next quarter EPS guidance: $0.29 - $0.46Next quarter revenue guidance: $1.750 - $1.850 BlnFull year EPS guidance: $3.09 - $3.79Full year revenue guidance: $7.100 - $7.500 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.