Friday, October 28, 2011

Electronic Arts beats estimates...

Electronic Arts Inc. (ERTS). The video game maker’s second-quarter results beat Wall Street estimates and the company raised its earnings forecast because of the upcoming holiday title "Star Wars: The Old Republic," which it expects to be a hit. The company's adjusted earnings per share was 5 cents per share. The company raised its full year outlook to a range of 75 cents to 90 cents per share.


The guidance going forward is a little shy of expectations and the stock is down slightly in premarket trading.

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