Electronic Arts: Q1 Analyst Consensus Estimates

Electronic Arts (NASDAQ: EA) will be reporting its fiscal first quarter financial results after the market closes on August 4. Analysts have a consensus $165.24 12-month price target on the company, via a total of 33 analysts, with seven analysts having strong buy ratings, 16 analysts having buy ratings and 10 have hold ratings. The street high comes in at a $184 price target, and the lowest target sits at $135 from DZ Bank.

23 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 23 analysts is $1.28 billion; this number has been revised upwards from $1 billion at the start of the year. The highest revenue estimate is $1.38 billion, while the lowest is $1.25 billion.

The analyst consensus for net income for the first quarter is $182.24 million, this is up from the start of the year at $132.22 million. The highest net income estimate is $223 million, while the lowest is $162 million.

Onto EBITDA estimates, there are currently 11 analysts who have first-quarter EBITDA estimates. The mean is currently $280.65 million, with this number having been revised upwards from $241.17 million at the start of the year. The street high estimate currently sits at $312 million in EBITDA and the lowest is $25.1 million.

Analysts estimate that quarterly earnings per share will come in at $0.67, with this number being revised higher from $0.55 at the start of the year. The street high is $1.42 and the lowest estimate is $0.55 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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