Electronic Arts Inc (ERTS) announced a profit for second quarter that Dropped, from the same period last year but beat the Street estimates.
The company's earnings totaled $137 million, or $0.54 per share. This compares with $294 million, or $1.11 per share, last year.
Analysts on average had expected the company to earn $0.35 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 9.2% to $1.839 billion from $2.025 billion last year.
Electronic Arts Inc earnings at a glance (GAAP) :
-Earnings: $137 Mln. vs. $294 Mln. last year.-EPS: $0.54 vs. $1.11 last year.-Revenue: $1.839 Bln vs. $2.025 Bln last year.
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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.