Electronic Arts Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - Electronic Arts Inc. is set to release its second-quarter earnings results on October 28, with expected earnings of 35 cents per share, a decrease from $1.11 per share in the same period last year [1] - The consensus estimate for Electronic Arts' quarterly revenue is $1.87 billion, down from $2.08 billion a year earlier [1] - On September 29, Electronic Arts announced its acquisition by PIF, Silver Lake, and Affinity Partners for $55 billion, with stockholders receiving $210 per share in cash [2] Group 2 - Electronic Arts shares closed at $200.50, reflecting a 0.2% decline [2] - Analysts have provided various ratings and price targets for Electronic Arts, with Morgan Stanley maintaining an Equal-Weight rating and raising the price target from $148 to $210 [5] - Roth Capital downgraded the stock from Buy to Neutral while increasing the price target from $185 to $210 [5] - BMO Capital maintained a Market Perform rating and raised the price target from $166 to $210 [5] - Argus Research maintained a Buy rating and increased the price target from $180 to $210 [5] - Wedbush maintained a Neutral rating and raised the price target from $200 to $210 [5]