EA’s Q4 beats Wall Street expectations with $896M in revenue — stock price surges

EA is still on a winning streak.

The publisher reported the results of its fiscal fourth quarter today as well as for all of its fiscal 2015. The company generated $896 million in revenue for Q4, which was significantly more than the $830 million it was predicting. It also earned 39 cents per share, which beat its guidance of 22 cents. It also far outpaced Wall Street’s estimates of 25 cents per share on revenues of $838.8 miillion. That helped the company finish off the year strong.

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1719739,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,games,","session":"D"}']

EA stock is already up around 4.5 percent to $61.80 in after-hours trading. This is a new 12-month high for the company, which has seen the price of its shares climb continuously since getting rid of previous chief executive officer John Riccitiello and letting new CEO Andrew Wilson operate a much leaner and more focused company.

The EA stock is also fast approaching its all-time high of around $64, which it hit way back in 2005. EA is also planning a $1 billion share buyback plan to help solidify its stock price.

For the entirety of fiscal 2015, EA is reporting revenues of $4.3 billion. It also is claiming a net income of $806 million and operating cash flow of $1.1 billion, which is a record for EA.

“With a clear focus on putting our players first, fiscal-year 2015 was an exceptional year for Electronic Arts,” said Wilson. “We introduced award-winning games, delivered enduring entertainment in our live services, and forged deeper relationships with a growing global audience across consoles, mobile devices, and PC.

Looking ahead, EA is predicting $4.4 billion in revenues for fiscal 2016 and an earnings per share of $2.75. That is built on upcoming games like Star Wars: Battlefront, FIFA 16, and more. Additionally, EA announced that it will have a new Plants vs. Zombies game and it will launch Mirror’s Edge 2 during the fiscal year.