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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Key Takeaways Electronic Arts shares are tumbling 15% in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.The company projected net bookings to be $2.
Electronic Arts Lowers 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 to $2.6 billion.
EA cuts 2025 bookings forecast as prominent soccer title stumbles
By Arsheeya Bajwa (Reuters) -Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness in its established soccer franchise, sparking concerns over a slowdown in the key sports division and sending shares tumbling nearly 11%.
15h
on MSN
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, ...
Shacknews
9h
Electronic Arts (EA) lowers FY25 revenue guidance on poor game sales performance
EA has made a pre-announcement regarding the company’s performance for its Q3 FY25 earnings report. The company expected ...
15h
Electronic Arts Stock Is Sliding After The Close: What's Going On?
Electronic Arts shares are moving lower in after hours Wednesday after the company reported preliminary financial results for ...
GamesIndustry
2h
EA revises FY2025 and Q3 guidance due to underperformance across two franchises
Electronic Arts has revised its full year guidance for FY2025 following due to EA Sports FC 25 and Dragon Age: The ...
4h
Stifel Nicolaus Has Lowered Expectations for Electronic Arts (NASDAQ:EA) Stock Price
Electronic Arts (NASDAQ:EA – Get Free Report) had its price objective cut by equities researchers at Stifel Nicolaus from ...
1h
Those who invested in Electronic Arts (NASDAQ:EA) five years ago are up 30%
We doubt the modest 0.5% dividend yield is attracting many buyers to the stock. On the other hand, Electronic Arts' revenue ...
Morningstar
2d
Electronic Arts Inc EA
EA
has rights to the most popular sports in gaming, allowing annual releases that continually prompt new sales. Adding college football back to the mix brings the potential for another major ...
2h
on MSN
EA confirms that Dragon Age: The Veilguard missed commercial targets
EA corrected its earnings forecast for FY2025 downwards, citing the underwhelming performance of EA FC 25 and Dragon Age: The ...
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