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
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
