FX.co ★ Electronic Arts Cuts FY Sales Outlook; Announces $1 Bln Share Repurchase

In its third-quarter financial report released on Tuesday, Electronic Arts Inc. (EA) updated its projections for the fiscal year 2025 and revealed plans for a $1 billion share repurchase.

The company has adjusted its full-year 2025 revenue forecast to range between $7.250 billion and $7.400 billion, with anticipated earnings per share (EPS) projected at $3.90 to $4.25. This is a revision from earlier estimates that anticipated revenues between $7.400 billion and $7.700 billion and EPS of $3.82 to $4.33.

Stuart Canfield, Chief Financial Officer of Electronic Arts, stated, "We are implementing a $1 billion accelerated share repurchase, which will bring our total stock repurchases to $2.5 billion within the initial year of our $5 billion authorization. This move underscores our confidence in EA's long-term strategic vision as well as our capability to balance growth investments with capital returns."

Additionally, EA has declared a quarterly cash dividend of $0.19 per share of its common stock, scheduled for distribution on March 19, 2025, to shareholders who are recorded as of the close of business on February 26, 2025.