EA Analysts Lower Company’s Profit Forecast for FY2018 Due to Need for Speed Payback and Battlefront II ReceptionTime: Dec. 25, 2017 From: SCDKey
Cowen Group, a respected Wall Street analyst, analyzed EA's revenue forecast for fiscal year 2018. The company reduced its guidance based on customer returns.
Doug Creutz, of the Cowen Group, estimates that the sales of Star Wars Battlefront 2 Origin CD Key Global PC are between 20 and 30 percent lower than the sales of the first game, although this plays a role in the sales and digital promotions of the game. suffered by the community of players have had "clear" effects on the final reception of the product. Star Wars Battlefront II is not the only title that diminishes EA's expected financial estimates because Need For Speed Payback was not good either.
We are reducing our estimates for FY18 below the expectations of the administration, as we believe that the performance of Star Wars Battlefront 2 is disappointing enough to overcome the strength of the rest of the model. The negative reaction of the actors to the economy of spoiled spoils has had a considerable influence on SWBF2.
Even with the switch to digital units, it is likely that total initial revenues will fall between 20% and 30% of the original Battlefront rate, and it is likely that further price reductions will be required to move the inventory. We believe that the recovery of Need for Speed, which has been little revised, is also likely to be below average.