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EA Stock Analysis: Best Video Game Stock To Buy?
Electronic Arts (#EA) is a powerhouse in the video game industry. Not only has the company been able to bring in millions and offer a dividend to investors, but shares have also rewarded investors handsomely by averaging more than +18% over the past 5 years.
But is EA the best video game stock to buy?
The company reported Q4 2021 earnings last month and gave mixed numbers. GAAP EPS of $0.26 (misses by $0.09) and net bookings of $1.49B (+18.3% Y/Y).
It was great to see net bookings increasing, but the company failed to increase total revenues for the quarter. Likewise for full fiscal year guidance, net bookings are supposed to increase to $7.3B while net income drops significantly. Will rising expenses and lower operating income continue to be a trend? Should investors look elsewhere if they want a video game investment?
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By Financial MoversElectronic Arts (#EA) is a powerhouse in the video game industry. Not only has the company been able to bring in millions and offer a dividend to investors, but shares have also rewarded investors handsomely by averaging more than +18% over the past 5 years.
But is EA the best video game stock to buy?
The company reported Q4 2021 earnings last month and gave mixed numbers. GAAP EPS of $0.26 (misses by $0.09) and net bookings of $1.49B (+18.3% Y/Y).
It was great to see net bookings increasing, but the company failed to increase total revenues for the quarter. Likewise for full fiscal year guidance, net bookings are supposed to increase to $7.3B while net income drops significantly. Will rising expenses and lower operating income continue to be a trend? Should investors look elsewhere if they want a video game investment?