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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
Electronic Arts Stock Poised To Open At Over 1-Year Low After Lowering Outlook On Weak Football Game Franchise: Retail Keeps Faith
Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.
Electronic Arts Stock Poised To Open At Over 1-Year Low
Electronic Arts' SWOT analysis: gaming giant faces challenges amid stock shifts
Electronic Arts (NASDAQ:EA), a leading developer and publisher of interactive entertainment software with a market capitalization of $31.17 billion, finds itself at a critical juncture as it navigates a rapidly evolving gaming landscape.
Why Electronic Arts Stock Just Crashed 17%
Wall Street analysts expected EA to earn at least $1.15 per share in fiscal Q3, but the actual news will be worse. To get ahead of the bad news, management decided to "preannounce" earnings last night, and it seems the magic number will be $1.11.
Electronic Arts Stock Is Sliding After The Close: What's Going On?
Electronic Arts shares are moving lower in after hours Wednesday after the company reported preliminary financial results for the third quarter.
EA Shares Plunge on Earnings Warning
EA Stock Slides After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA Sports FC" titles that previously carried the FIFA name. In premarket action,
EA Shares Plunge on Earnings Warning After Weak Soccer, ‘Dragon Age’ Games
Shares of Electronic Arts Inc. plunged 18% Thursday morning, the biggest decline since 2008, after the gaming company warned its financial results would be weaker than expected due to poor sales results of two titles released over the holidays.
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
Money Morning
4h
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
4h
on MSN
EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
After some two years of strong growth, Electronic Arts Inc.’s key soccer-gaming segment is struggling to keep up the momentum. And despite good reviews, its role-playing game “Dragon Age: The ...
34m
on MSN
EA shares slump after soccer game misses goal
Electronic Arts shares sank more than 15 per cent on Thursday, tripped up by a surprise slowdown in spending on the soccer ...
16h
Electronic Arts (EA) was downgraded to a Hold Rating at Raymond James
Electronic Arts (EA – Research Report) received a Hold rating and price target from Raymond James analyst Andrew Marok today. The company’s ...
13h
on MSN
EA stock falls 16% after lowering forecast on FC 25, Dragon Age underperformance; analysts cut rating (update)
Game publisher Electronic Arts (EA) dipped 9% in Wednesday's after market trading after it cut full-year forecast for net ...
5h
on MSN
Benchmark maintains EA stock Buy rating, $163 target despite Q3 woes
Benchmark analyst Mike Hickey maintained a Buy rating for Electronic Arts (NASDAQ:EA) stock, with a price target of $163.00.
4h
Bronstein, Gewirtz & Grossman, LLC Encourages Electronic Arts Inc. (EA) Investors to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / January 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on ...
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