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EA stock price falls on weak fiscal Q3 prediction and Battlefield V concerns

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Electronic Arts beat analyst estimates for its second fiscal quarter that ended September 30, even though its only major releases in the quarter were sports games. But the company’s stock price fell in after-hours trading, perhaps because EA earlier (back in August) downgraded its earnings estimates for the full year based on lower Battlefield V revenues.

During the quarter, EA launched its usual stable of sports games: Madden NFL 19, FIFA 19, NBA Live 19, and NHL 19. EA reported revenue of $1.28 billion and earnings per share of 83 cents. Analysts had expected earnings per share of 58 cents on revenues of $1.18 billion. EA’s stock is down 5 percent to $90.01 a share in after-hours trading.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.