Electronic Arts’ fourth-quarter revenue beat analysts’ estimates.
The video game company reported revenue of $1.238 billion for the quarter, compared to analysts’ estimates of $1.201 billion (based on FactSet poll). Diluted earnings per share of the company came in at 69 cents.
Looking ahead, the developer/publisher of games such as The Sims 4, Apex Legends and Battlefield V predicts that its fiscal 2020 revenue would be $5.375 billion, which is higher than FactSet's consensus $5.172 billion expectation.