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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
EA says EA Sports FC 25 and Dragon Age
EA stock falls 16% after lowering forecast on FC 25, Dragon Age underperformance; analysts cut rating (update)
Game publisher Electronic Arts (EA) dipped 9% in Wednesday's after market trading after it cut full-year forecast for net bookings, hurt by the underperformance of EA SPORTS FC 25 and Dragon Age games.
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
EA says EA Sports FC 25 and Dragon Age: The Veilguard "underperformed" as it lowers financial forecast
EA has lowered its financial forecast for its current fiscal year, pointing to the 'underperformance' of EA Sports FC 2025 - which it says accounts for the "majority" of the shortfall - alongside lower-than-expected interest in Dragon Age: The Veilguard.
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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 ...
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 ...
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 ...
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 ...
GamesIndustry
3h
EA revises FY2025 and Q3 guidance due to underperformance across two franchises
Electronic Arts has revised its full year guidance for FY2025 following due to EA Sports FC 25 and Dragon Age: The ...
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