Published on 8 May 2024 on Zacks via Yahoo Finance
Electronic Arts (EA) Q4 Earnings and Revenues Decline Y/Y
Electronic Arts EA reported fourth-quarter fiscal 2024 earnings of $1.37 per share, which declined 22.6% year over year. Revenues decreased 5.1% year over year to $1.77 billion due to weakness in Live services and other revenues.The Zacks Consensus Estimate for earnings was pegged at $1.55 per share. The consensus mark for revenues was pinned at $1.78 billion.Net bookings for the fiscal fourth quarter were $1.67 billion, down 14% year over year in both actual and constant currency.Full-game net bookings for the quarter were $259 million, driven by slate timing. Live services net bookings were $1.41 billion.
Electronic Arts Inc. Price, Consensus and EPS Surprise
