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Electronic Arts Stock Plunges on Outlook Cut
Why Electronic Arts Stock Just Crashed 17%
Wall Street analysts expected EA to earn at least $1.15 per share in fiscal Q3, but the actual news will be worse. To get ahead of the bad news, management decided to "preannounce" earnings last night, and it seems the magic number will be $1.11.
Electronic Arts' SWOT analysis: gaming giant faces challenges amid stock shifts
Electronic Arts (NASDAQ:EA), a leading developer and publisher of interactive entertainment software with a market capitalization of $31.17 billion, finds itself at a critical juncture as it navigates a rapidly evolving gaming landscape.
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
EA Shares Plunge on Earnings Warning
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.
EA Shares Plunge on Earnings Warning After Weak Soccer, ‘Dragon Age’ Games
Shares of Electronic Arts Inc. plunged 18% Thursday morning, the biggest decline since 2008, after the gaming company warned its financial results would be weaker than expected due to poor sales results of two titles released over the holidays.
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
EA says Dragon Age
Dragon Age: The Veilguard failed to meet EA's expectations. Result is worse than expected by half
Electronic Arts revealed its financial report for the third quarter of the fiscal year. It explicitly admits that Dragon Age: The Veilguard did worse than expected.
EA Reveals Dragon Age: The Veilguard Missed Sales Targets
The Veilguard did not meet sales expectations, as revealed by publisher Electronic Arts. The action RPG from BioWare, released at the end of October last year, broke the concurrent player record for a game from the developer at launch,
EA says ‘Dragon Age: The Veilguard’ sales were 50% lower than expectations
EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings. However, the company now projects
Money Morning
16h
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
16h
Bronstein, Gewirtz & Grossman, LLC Encourages Electronic Arts Inc. (EA) Investors to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / January 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on ...
Hosted on MSN
8h
Raymond James Downgrades Electronic Arts (EA)
Fintel reports that on January 23, 2025, Raymond James downgraded their outlook for Electronic Arts (NasdaqGS:EA) from ...
10h
on MSN
What's Next for EA Stock After Thursday's 17% Plunge?
Shares in Electronic Arts traded tumbled Thursday after the video game publisher slashed its bookings outlook for fiscal 2025 amid softening demand for its sports games, including its prominent soccer ...
1d
on MSN
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion ...
1d
EA cuts 2025 bookings forecast as prominent soccer title stumbles
Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness across its established ...
16h
Lost Money on Electronic Arts Inc.(EA)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / January 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Electronic Arts ...
1d
EA Stock Slides After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA ...
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