EA issues strong bookings guidance as CEO touts 'Battlefield' reveal

In this article Visitors play the EA Sports FC 25 game in front of a placard with England's midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024. Electronic Arts shares rose more than 5% after the company topped fiscal fourth-quarter bookings estimates and issued upbeat guidance. Here's how the company did versus LSEG consensus estimates: Earnings per share : 98 cents. This figure is not comparable to analysts' estimates. : 98 cents. This figure is not comparable to analysts' estimates. Revenue (bookings): $1.80 billion vs. $1.56 billion expected The video game maker said it expects bookings to range between $7.60 billion and $8 billion for fiscal 2026, ahead of a StreetAccount estimate of $7.62 billion. Net bookings for fiscal 2025 totaled $7.355 billion. First-quarter bookings guidance came up short of analysts' expectations. EA expects the figure to range between $1.17 ... Read full article.