Electronic Arts' (EA, $98.09) earnings race ahead of analysts' expectations

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.

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.