Report
Neil Macker
EUR 100.00 For Business Accounts Only

EA Ends Fiscal 2019 on a Strong Note; Apex Legends Offsets the Weak Launch of Anthem

EA bounced back from a very disappointing fiscal third quarter to end fiscal 2019 on a positive note as the fiscal fourth-quarter top and bottom lines beat both consensus expectations and the company’s lowered guidance. The success of the surprise Apex Legends back in February appears to have offset the disappointing reception for Anthem which launched in the same month. While free-to-play Apex Legends appears to be holding its own against its older and more successful competitor, Fortnite, we r...
Underlying
Electronic Arts Inc.

Electronic Arts develops, markets, publishes and distributes games, content and services that can be played and watched on a variety of platforms, including game consoles, personal computers, and mobile phones. The company markets and sells its games and services through digital distribution channels and through retail channels. Digitally, the company's console games and services can be purchased through third-party storefronts. In its games and services, the company utilizes brands that it either wholly own or license from others. The company develops and publishes games and services across genres. Within and alongside its games, the company provides live services, including in-game purchases, downloadable content, and esports.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

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