2024-05-02 09:00:00 ET
Summary
- Electronic Arts is set to release its Q4 FY24 earnings report next week.
- The company's revenue from Live Services, driven by demand for games in its EA Sports franchise, continues to be a significant part of its business model.
- Electronic Arts is in need of a blockbuster hit to drive compounding growth, but its current game pipeline is lacking.
- With no growth catalyst in sight, management is resorting to optimizing for operational efficiencies. Hence, the range-bound nature of Electronic Arts stock.
- Heading into earnings, I see the company is fully priced in.
Investment Thesis
Electronic Arts ( EA ) is scheduled to announce their full-year FY24 earnings report next week on Tuesday, May 7th, after market hours....
Read the full article on Seeking Alpha
For further details see:
Electronic Arts Q4 Earnings Preview: In Search For The Next Blockbuster Game