Electronic Arts Earnings, Revenue Miss in Q2

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Electronic Arts announced earnings per share of $1.07 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $1.81B.

Electronic Arts shares are down 4% from the beginning of the year, still down 13.94% from its 52 week high of $146.72 set on November 4, 2021.

Electronic Arts shares lost 2.99% in after-hours trade following the report.

Electronic Arts’s report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.

Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar