After the close of trading on Tuesday, we’ll get to see earnings out of Electronic Arts Inc. (NASDAQ: ERTS). The estimates for the video game software game giant from First Call are $0.00 EPS on $834.82 million in revenues. Next quarter estimates are -$0.11 EPS on $591.13 million in revenues. Estimates for fiscal Mar-2009 are $0.94 EPS on $3.92 billion in revenues.
Analysts have an average price target north of $62.00; Electronic Arts Inc.’s 52-week trading range is $43.62 to $61.60. Shares are still mostly in the middle of that range.
What is going to take center stage here is the pending acquisition of Take-Two Interactive (NASDAQ: TTWO). Take-Two has so far successfully defended itself from getting acquired without destroying its market value. As this is also thought of as on of the less important quarters, the focus will come around guidance and around the merger. Stay tuned for a more detailed update on an earnings preview Tuesday.
Jon C. Ogg
May 12, 2008
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
