From Yahoo Finance: 2025-05-06 16:17:00

Electronic Arts (EA) forecasts fiscal 2026 bookings above expectations, driven by sports titles and upcoming “Battlefield” game. EA’s shares rise 6% in extended trading due to Take-Two’s delay of “Grand Theft Auto VI”. Industry optimism remains despite consumer spending concerns from U.S. tariffs. EA CEO confident in deep pipeline of releases.

Delay in “GTA VI” reduces competition, potentially boosting sales for other publishers. New GTA title expected to break records and generate billions within weeks, pressuring games in its release window. Analysts suggest gamers may turn to “Battlefield” to fill the gap until GTA’s launch. EA sees positive sales from sports titles.

EA reports strong monetization for “FC” soccer franchise after January update, rebounding from earlier underperformance. Fiscal 2026 bookings projected between $7.60 billion to $8 billion, beating estimates. Fourth-quarter bookings hit $1.80 billion, surpassing expectations, fueled by popular multiplayer game “Split Fiction”. Industry remains optimistic amid macroeconomic volatility.

Read more: EA forecasts annual bookings above estimates with new ‘Battlefield’ game