Electronic Arts misses preliminary Q3 revenue expectations

Reuters
Feb 04
Electronic Arts misses preliminary Q3 revenue expectations

Overview

  • Gaming publisher's preliminary Q3 revenue missed analysts' expectations

  • Net bookings for Q3 rose 38% yr/yr, driven by Battlefield 6 launch

Outlook

  • Company did not provide specific guidance due to pending acquisition

Result Drivers

  • BATTLEFIELD 6 LAUNCH - Co reported record net bookings driven by Battlefield 6, which became the best-selling shooter title of 2025

  • EA SPORTS FC GROWTH - EA SPORTS FC net bookings increased high single digits, driven by Ultimate Team and FC Mobile

  • APEX LEGENDS MOMENTUM - Apex Legends continued momentum with double-digit net bookings growth due to new features and events

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$1.90 bln

$2.86 bln (14 Analysts)

Q3 EPS

$0.35

Q3 Net Income

$88 mln

Q3 Net Bookings

$3.05 bln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 20 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy."

  • Wall Street's median 12-month price target for Electronic Arts Inc is $208.50, about 2.4% above its February 2 closing price of $203.60

  • The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw5DF5Sqa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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