Brokerages in Wall Street have forecast that Electronic Arts Incorporated (NASDAQ EA) is going to post a $0.57 PES for the present fiscal quarter. Estimates have been provided by 9 analysts which range between $0.31 and $0.78. In the same period last year, NASDAQ EA had posted a $1.36 EPS. The next quote on its quarterly earnings is going to be posted on 29th July, Thursday.
Stock Commentary On NASDAQ EA
Research analysts forecast that $6.36 worth of earnings for the full year. The estimates for the EPS range between $5.86 and $6.87. For next year, researchers expect that NASDAQ EA will be posting an EPS of $7.08.
The latest available data on the earnings result of NASDAQ EA was published on 10th May, Monday. An EPS of $1.23 was reported beating the consensus $1.05 estimate. It also had a $1.49B revenue. Also, a 16.74% equity return and a 14.78% net margin were published.
Several research analysts have issued their reports on the stock. MKM Partners increased their target price to $170 from $160 while issuing a rating of “buy” on 3rd February, Wednesday. Wells Fargo & Co. increased their target price to $165 from $145 while issuing a rating of “equal weight” on 3rd February, Wednesday. Benchmark increased their target price to $181 from $177 while issuing a rating of “buy” on 12th May, Wednesday. Cowen increased their target price to $171 from $161 while issuing a rating of “outperform” on 3rd February, Wednesday. KeyCorp increased their objective price to $170 from $165 while issuing a rating of “overweight” on 22nd April, Thursday.
On Thursday, the opening value of the stock stood at $141.40. The market capitalization value stood at $40.47B with a 0.90 beta. The highest and lowest value of the stock over a period of one year stands at $150.30 and $110.15 respectively.
