(ERTS) - For the first quarter, the company posted a 46% upside surprise on a 13% increase in revenue

Electronic Arts has a robust pipeline for the coming year. ERTS's sports franchises such as Madden NFL, NCAA Football, and FIFA Soccer dominate the market and are wildly popular amongst the game-playing public. The company has exceeded earnings estimates in four out of the past five quarters, with each of the positive surprises surpassing 20%. Four analysts have raised their numbers for this year, while two have done so for next year. Tags: ERTS, Electronic Arts, Stock-market, Stocks, Investing, Stock Trading, Finance, Trading, Investing Newsletter, Stock Picks, analysts estimates Full Analysis Electronic Arts, Inc. (ERTS) engages in the development, marketing, publishing, and distribution of interactive software games worldwide. Its software games are playable by consumers on in-home video game players; personal computers; mobile platforms, including handheld video game players and cellular handsets; and Internet and other proprietary online networks. The company develops games internally, and also engages third-parties to develop games on its behalf at its development and production studios located near San Francisco, Los Angeles, Orlando, Chicago, Vancouver, Montreal, London, Sweden, Tokyo, and Shanghai. Electronic Arts also teams with other game developers who develop their own interactive software games with the company's assistance, which it then publishes, markets, and distributes. In addition to hugely successful existing products, the company has a robust pipeline for the coming year. ERTS's sports franchises such as Madden NFL, NCAA Football, and FIFA Soccer dominate the market and are wildly popular amongst the game-playing public. The mobile phone business could be a great driver of revenue growth in the future. The company reports fiscal second-quarter earnings on November 7. Analysts are currently looking for a loss of eight cents per share, although the loss estimate has declined 20% over the past three months. For the first quarter, the company posted a 46% upside surprise on a 13% increase in revenue. "We're pleased to be the leading publisher on the Xbox 360," said Larry Probst, Chairman and Chief Executive Officer. "We are on schedule with strong support for the launch of PlayStation 3 and we have increased our development efforts for the Nintendo DS and Wii." "We look forward to our slate of fall launches and the excitement surrounding next-generation software," said Warren Jenson, Chief Financial and Administrative Officer. "While the risks of this technology transition remain very real -- our franchises are well-positioned for the opportunities ahead." The company has exceeded earnings estimates in four out of the past five quarters, with each of the positive surprises surpassing 20%. Four analysts have raised their numbers for this year, while two have done so for next year. Over the past 90 days, next year's estimates have increased 16.7% to 98 cents per share. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home