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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.
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%.
Closing Bell Movers: Electronic Arts down over 10% on guidance cut
Check out this evening’s top movers from around Wall Street, compiled by The Fly. Invest with Confidence: Follow TipRanks' Top Wall Street
39m
EA Stock Stumbles After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA ...
ReadWrite
1h
EA shares take a tumble after future outlook is changed due to weakness in soccer games
The video game company Electronic Arts (EA) saw its shares drop after hours on Wednesday after it slashed its outlook for the ...
16h
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, ...
1h
These Analysts Cut Their Forecasts On Electronic Arts After Preliminary Q3 Results
Electronic Arts Inc EA reported preliminary financial results for the third quarter on Wednesday. EA said it previously ...
12h
on MSN
EA cuts outlook as growth of one of its key videogame franchises has stalled
Shares of Electronic Arts Inc. fell after hours on Wednesday after the videogame developer cut its outlook for the months ...
Shacknews
10h
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 ...
16h
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 ...
5h
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 ...
2h
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 ...
3h
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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