Electronic Arts reports its fiscal third-quarter results after the sto

2010-02-08 00:22:40 Category : battery

Electronic Arts reports its fiscal third-quarter results after the stock market

Video game publisher Electronic Arts Inc . reports its fiscal third-quarter results after the stock market closes Monday, the day after running its first-ever Super Bowl advertisement of VGP-BPS8 .WHAT TO WATCH FOR: EA, known for games such as The Sims and the popular Madden football series, gave a forecast below expectations in January amid lower-than-expected game sales.

Barring any surprises, investors will be watching for what's ahead. The company may announce further cost cuts of vgp bps2c ,vgp bps2a ,VGP-BPS2, though it already said in November it was cutting its work force by 17 percent, or 1,500 people, as it tries to align its business with a transforming video game industry .

By now, investors are largely looking past (fiscal 2010), but strong sell-through of the company's March-quarter releases could signal the start of longer-term franchises, said Broadpoint AmTech analyst Benjamin Schachter in a note to investors for Dell latitude d600 battery .EA's Mass Effect 2 , he added, is off to a very strong start. But Schachter said he has very modest expectations for Army of Two: 40th Day , and he said he doesn't expect either Dante's Inferno or Battlefield Bad Company 2 to be huge hits.

Shares of Leap Wireless International Inc . took a hit Friday after a JPMorgan analyst downgraded the prepaid wireless service provider, saying a sale of the company would be very challenging. The Wall Street Journal reported earlier this week that the company has hired bankers to explore a sale of Dell latitude d520 battery . JPMorgan analyst Mike McCormack said he believes the company is actively seeking a buyer, with rival MetroPCS Communications Inc . the most likely suitor.

But the analyst downgraded Leap to Underweight from Neutral, saying that amid industrywide pricing pressure, and deteriorating fundamentals, we believe that Metro would be unwilling to pursue a bid for Leap, even at current levels of vgp bps2c .Metro made a bid for Leap in 2007 but the companies did not work out a deal.

Leap has not commented on the reports and spokesman Greg Lund said Friday it had no plans to do so.Leap shares fell $1.08, or 7.4 percent, to $13.51 in afternoon trading of vgp bps2c ,vgp bps2a . In the past 52 weeks, the stock has traded between $11.98 and $42.47.Shares of MetroPCS slid 14 cents to $5.67.WHAT'S EXPECTED: Analysts, on average, expect a profit of 31 cents per share on revenue of $1.34 billion, according to a poll by Thomson Reuters .

WHY IT MATTERS: EA is the world's largest stand-alone _7 video game publisher , so its results are a good barometer for how the industry is doing as the economy rebounds and consumers start spending again for Dell latitude d520 battery ,Dell latitude d600 battery . The company is also aggressive about new revenue streams from digitally distributed content, such as virtual items and social network games. While it's still a small part of EA's business, good ideas on this front will determine whether game companies are still around in a decade, as game discs go the way of CDs.

LAST YEAR'S QUARTER: EA reported a net loss of 10 cents per share on revenue of $1.5 billion. But it posted a profit of 90 cents per share and revenue of $1.73 billion on an 0 adjusted basis on VGP-BPS8 ,VGP-BPS2, , which changes the way the company accounts for some online content it sells to deal with fluctuations in deferred revenue.

 

Trackbacks

The trackback uri for this entry is
http://batterybest.allisfun.com/trackback/1905