Electronic Arts (NASDAQ:EA) reported its Q1 earnings results on Tuesday, August 2, 2022 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Electronic Arts beat estimated earnings by 67.86%, reporting an EPS of $0.47 versus an estimate of $0.28.
Revenue was down $37.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 7.97% increase in the share price the next day.
Here’s a look at Electronic Arts’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.43 | 3.22 | 1.17 | 0.62 |
| EPS Actual | 1.46 | 3.20 | 1.58 | 0.79 |
| Revenue Estimate | 1.77B | 2.67B | 1.75B | 1.28B |
| Revenue Actual | 1.75B | 2.58B | 1.85B | 1.34B |
To track all earnings releases for Electronic Arts visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
