Tuesday, February 5, 2019

EA Shares Fall Sharply On Earnings

Kind of a double whammy to have your stock drop 14% after earnings miss.

EA fell more than 14 percent after hours after reporting its third-quarter 2019 earnings. The company reported a revenue miss of $1.61 billion vs. estimate of $1.75 billion, according to Refinitiv. Earnings were $1.95 per share ex-items compared with the analyst estimate of $1.94 per share, per Refinitiv.