Disney is likely to be in focus after it reported that its second quarter earnings rose to 48 cents per share from 33 cents per share in the year-ago quarter.
On an adjusted basis, the company reported earnings of 48 cents per share. Revenues rose 6.1% to $8.58 billion. Analysts estimated earnings of 46 cents per share on revenues of $8.39 billion.
Electric Scientific Industries may also be in focus after it reported fourth quarter revenues of $59.6 million. On a non-GAAP basis, the company reported earnings of 16 cents per share.
Analysts estimated earnings of 5 cents per share on revenues of $53 million. For the first quarter, the company expects revenues to be in the low to mid-$50 million range and expects non-GAAP earnings per share of 1-6 cents per share.
Electronic Arts is expected to move in reaction to its announcement that its fourth quarter non-GAAP revenues rose to $850 million from the year-ago’s $609 million. The company reported non-GAAP earnings of 7 cents per share compared to a loss of 37 cents per share last year.
The results were ahead of the consensus estimates. For the first quarter, Electronic Arts expects a non-GAAP loss of 35-40 cents per share on revenues of $460 million to $500 million. Analysts estimate a loss of 33 cents per share on revenues of $515.84 million.
The company expects non-GAAP earnings of 50-70 cents per share and revenues of $3.65 billion to $3.90 billion. The consensus estimates call for earnings of 64 cents per share on revenues of $3.80billion.
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