Here is what one poster on the video game stock club said about EA' S CC.
EA had a pretty up beat confrence Call. Here are some
highlights.
2002
EA had revenue over 1.7 billon.
16 over 1 million unit sellers.
For the year EA's market share was:
PS2: 28%, GC: 15%, Xbox:17%, PS1:21%, PC:22%, Online:45%
In 2003 EA will ship 65-70 Titles:
20 PS2 30% of revenue
17-20 PC 20-22%
10-12 Xbox 8-10%
14-16 GC 8-10%
3-4 GBA 4%
1 GBC 1%
2 online 6%
AL 16-17%
Huge titles during the year are:World Cup, Medal of Honor, Harry
Potter, Lord of the Rings, Sims online, Bond Nightfire, Earth and
Beyond, C&C Generals, Madden and all the spots titles.
Q1 and Q2 will be huge growth quarters. 40-50% revenue
growth. Q3 should be around 20% higher and Q4 will be around
flat. This means the consensus estimates will have to go up a
lot. Right now they asume growth of 36% in Q1.
EA.com
Over 40 million in Ad revenue
UO has 210,000 subs
Moter city online has 30,000 subs
Earth and Beyond ships in Q2 - they hope for 100,000 subs
Sims on Line Ships in Q3- they hope for 400,000 subs.
Plan to break even in Q3.
I think both these subs numbers are very conservitive.
Over all
they said core income will go up 40-50%. While EA.com will
lose around 20-30 million. That means EA will make almost
$2.00 per share next year.
2002 Core earnings = $216.9
217*1.4= 303
-25 million for ea.com
= 279 million
/ by 144 million shares outstanding
= $1.93 per share in earnings
Looks like EA will have a great 2003. |
