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EA loss expected for March quarter results, full-year figures tomorrow

EA’s expected to announced a loss for its fourth fiscal quarter tomorrow, with a Reuters poll pointing to a 43 cents per share downside on sales of $631.9 million. The company has shutdown numerous studious in hope to cut cost and improve lagging Franchises like the Need for Speed series. Still there is numerous bright spots for the gaming giant.

“While the company may not deliver significant revenue upside compared to consensus, we think that prospects for very strong June results will embolden management to deliver some upside in the March quarter,” said Wedbush Morgan’s Michael Pachter in a note today.

 

Watch for full-year figures and news tomorrow after NYSE close.

[Via VG247]