Alert: New Earnings Report (7/30/24)-Electronic Arts Inc (NASDAQ: EA).

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Electronic Arts Inc (NASDAQ: EA) has reported E.P.S. of $1.05 for its first fiscal quarter (ending June 30) versus $1.48 for the same period a year ago. E.P.S. were $4.28 for the latest four quarters through June 30 versus $3.26 for the same period a year ago.

Recent Price Action

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On 7/30/24, Electronic Arts Inc (NASDAQ: EA) stock rose modestly by 0.9%, closing at $149.12. Moreover, this advance was accompanied by unusually high trading volume at 169% of normal. The stock has performed in line with the market over the last nine months and has risen 4.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, EA is expected to continue to be a major Value Builder.

Electronic Arts has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Electronic Arts has a slightly negative Power Rating of 39 and a poor Appreciation Score of 22, producing the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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