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Electronic Arts Stock Plunges on Outlook Cut
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 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.
EA cuts 2025 bookings forecast as prominent soccer title stumbles
By Arsheeya Bajwa (Reuters) -Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness in its established soccer franchise, sparking concerns over a slowdown in the key sports division and sending shares tumbling nearly 11%.
Electronic Arts Stock Poised To Open At Over 1-Year Low
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' 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.
Soccer Comes Up Short for Electronic Arts
Electronic Arts was hoping for a big year with the release of its soccer title, EA Sports FC 2025. But it got mixed reviews and EA ditched the "FIFA" branding. Sales of the game and of "Dragon Age: The Veilguard" failed to meet expectations in the quarter.
XCOM 2 Game Guide
1h
Dragon Age: The Veilguard failed to meet EA's expectations. Result is worse than expected by half
Electronic Arts revealed its financial report for the third quarter of the fiscal year. It explicitly admits that Dragon Age: ...
Money Morning
12h
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 ...
21h
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 ...
11h
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 ...
21h
Electronic Arts price target lowered to $140 from $165 at Oppenheimer
Oppenheimer lowered the firm’s price target on Electronic Arts (EA) to $140 from $165 and keeps an Outperform rating on the shares. The firm ...
1d
on MSN
Electronic Arts says 'Dragon Age and EA Sports FC 25 underperformed' as it revises its financial outlook downward
Electronic Arts has revised its projected revenues for the 2025 fiscal year sharply downward in a preliminary financial ...
12h
on MSN
Tech, Media & Telecom Roundup: Market Talk
Find insight on Electronic Arts, consumer spending on videogames, Meta and more in the latest Market Talks covering ...
20h
Electronic Arts price target lowered to $134 from $158 at Roth MKM
Roth MKM analyst Eric Handler lowered the firm’s price target on Electronic Arts (EA) to $134 from $158 and keeps a Neutral rating on the ...
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