2024-07-23 20:16:04 ET
Summary
- Electronic Arts Inc. will report Q1 FY25 earnings on July 30th. Management set expectations for a double-digit decline in Q1 sales with tough comps a year ago.
- However, it remains to be seen if the video game publisher is still guiding for marginal contraction in FY25 sales, especially after the strong reception of College Football 25.
- Recent data suggests the launch of College Football 25 was overwhelmingly successful, pointing to at least a $220 million bump in additional revenues due to the game's launch success.
- It would need significant progress in College Football 25 and other games for Electronic Arts' valuation to look more appealing.
Investment Thesis
Electronic Arts Inc. ( EA ) is set to report their first quarter earnings report for FY25 next week on Tuesday, July 30th, after markets close.
The video game publisher rounded up their full-year FY24 earnings report in May, which pointed to a surprising slowdown in bookings falling below the management’s own estimates, leading to a softer outlook for FY25....
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For further details see:
Electronic Arts Q1 Preview: CF25 May Be The All-Star Quarterback It Needs