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Electronic Arts Misses the Mark

Stock quotes in this article: ERTS , TTWO , MSFT , ATVI , THQ , SNE  

Updated from 8:20 a.m. EDT

Electronic Arts (ERTS Quote) posted a disappointing second-quarter financial report after the bell Tuesday, with earnings below analysts' estimates and a profit forecast that fell shy of Wall Street's expectations.

In early trading Wednesday, shares of EA were recently down $2.82, or 6.1%, to $43.84.

In its fiscal second quarter, the video-game publisher earned $97.3 million, or 31 cents a share, on $715.7 million in sales. That was up from last year, when the company earned $76.6 million, or 25 cents a share, on sales of $530 million. ...

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