Electronic Arts, Inc. Issues Q4 2012 Guidance Below Analysts' Estimates

Electronic Arts, Inc. announced that for the fourth quarter of 2012, it expects GAAP net revenue to be approximately $1.425 billion to $1.475 billion; Non-GAAP net revenue to be approximately $925 million to $975 million; GAAP diluted earnings per share to be approximately $1.45 to $1.59; and Non-GAAP diluted earnings per share (EPS) to be approximately $0.10 to $0.20. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.29 on revenues of $990 million for the fourth quarter of 2012.