Benzinga | Jan 31, 2022 10:36AM EST

Preview: Electronic Arts's Earnings

Electronic Arts (NASDAQ:EA) is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement.

Analysts estimate that Electronic Arts will likely report an Earnings Per Share (EPS) of $3.22.

Electronic Arts bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.41, which was followed by a 2.14% increase in the share price the next day.

Here's a look at Electronic Arts's past performance and the resulting price change:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 1.17 0.62 1.05 2.96EPS Actual 1.58 0.79 1.23 3.06Price Change % 2.14% -2.17% -1.2% -5.47%

Stock Performance

Shares of Electronic Arts were trading at $131.92 as of January 28. Over the last 52-week period, shares are down 12.24%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.