Recap: Electronic Arts Q3 Earnings
Portfolio Pulse from Benzinga Insights
Electronic Arts (NASDAQ:EA) reported Q3 earnings with an EPS of $2.96, slightly beating the estimate of $2.94 by 0.68%. Revenue increased by $24 million from the same period last year. In the previous quarter, EA's EPS beat led to a 3.64% share price increase the following day. Historical data shows variable performance in past quarters.
January 30, 2024 | 9:15 pm
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Electronic Arts reported a slight earnings beat and an increase in revenue, which could lead to a positive short-term impact on the stock price, considering past performance after earnings beats.
EA's earnings beat and revenue increase are likely to be viewed positively by investors, as past earnings beats have resulted in stock price increases. The historical trend suggests a potential short-term positive impact on EA's stock price.
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