Electronic Arts Inc. (EA) reported fourth quarter adjusted EPS of $0.55 after the close Tuesday, up from $0.17 in the prior year. The consensus estimate was for EPS of $0.58. The company expects to report a first quarter adjusted EPS loss of around $0.62 and an adjusted profit of about $1.20 for the full year 2014. The consensus estimates are for a loss of $0.36 and a profit of $1.10. The stock is now up 1.29 on 503K shares.
Electronic Arts gapped up Tuesday, but pulled back until mid-morning, before settling into a range. Shares finished up by 0.12 at $18.41.
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