Electronic Arts (NASDAQ:EA) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Electronic Arts announced earnings per share of $1.43 on revenue of $1.21 billion. Analysts polled by anticipated EPS of $0.97 on revenue of $1.18 billion. That compares to EPS of $1.56 on revenue of $1.36 billion in the same period a year before. Electronic Arts had reported EPS of $2.53 on revenue of $1.98 billion in the previous quarter.
Analysts are expecting EPS of $0.35 and revenue of $833.11M in the upcoming quarter.
Electronic Arts shares lost 4.2% in after-hours trade following the report.
Electronic Arts shares are up 11% from the beginning of the year , still down 0.47% from its 52 week high of $120.16 set on May 5. They are outperforming the NASDAQ 100 which is up 1.46% year to date.
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