Electronic Arts Shares Surge As Earnings, Outlook Tops Street View

By Wallace Witkowski Markets MarketWatch Pulse

Electronic Arts Inc. shares rose in the extended session Tuesday after the video-game publisher topped Wall Street estimates for the quarter. Electronic Arts shares advanced 4% to $99.88 after hours. The company reported fiscal fourth-quarter earnings of $1.81 a share on revenue of $1.53 billion. Analysts surveyed by FactSet had estimated earnings of $1.63 a share on revenue of $1.49 billion. For fiscal 2018, EA sees earnings of about $3.57 a share on revenue of $5.08 billion. Analysts had estimated $3.25 a share on revenue of $5.1 billion.

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