Electronic Arts Continues To See FY24 Net Revenue Of $7.300B-$7.700B; Boosts EPS Outlook From $3.42-$3.92 To $4.10-$4.66
Portfolio Pulse from Benzinga Newsdesk
Electronic Arts (EA) has maintained its FY24 net revenue forecast of $7.3B-$7.7B. However, the company has increased its EPS outlook from $3.42-$3.92 to $4.10-$4.66.
November 01, 2023 | 8:59 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Electronic Arts has maintained its FY24 net revenue forecast but increased its EPS outlook, which could positively impact its stock price.
Electronic Arts' decision to maintain its revenue forecast indicates stability, while the increase in EPS outlook suggests higher profitability. Both factors are likely to be viewed positively by investors, potentially leading to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100