Electronic Arts: Fourth Quarter Consensus Estimates

Electronic Arts (NASDAQ: EA) will be reporting their fiscal fourth quarter financial results this evening after market close. Analysts have a consensus $161.38 12-month price target on the company, via a total of 33 analysts, with seven analysts having strong buy ratings, 14 analysts having buy ratings and 12 have hold ratings. The street high comes from Benchmark Company with a $177 price target, and the lowest target sits at $135 from DZ Bank.

27 analysts have revenue estimates for the fourth quarter. The mean revenue estimate between all 27 analysts is $1.39 billion; this number has been revised upwards from $412 million at the start of the year. The highest revenue estimate is $1.45 billion, while the lowest is $1.27 billion.

The analyst consensus for net income for the fourth quarter is $303.61 million, this is up from the start of the year at $291.61 million. The highest net income estimate is $357 million, while the lowest is $230 million.

Onto EBITDA estimates, there are currently 14 analysts who have fourth-quarter EBITDA estimates. The mean is currently $411.08 million, with this number having been revised upwards from $391.55 million at the start of the year. The street high estimate currently sits at $469 million in EBITDA and the lowest is $391 million.

Analysts estimate that quarterly earnings per share will come in at $1.06, with this number being slightly revised slightly higher from $1.00 at the start of the year. The street high is $1.21 and the lowest estimate is $0.97 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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