Game reboots key to future growth as EA seen posting record revenue

Investors will also be looking for details on the new version of its first person shooter game "Battlefield" and racing title "Need For Speed". Delays in "FIFA" and "Madden NFL 21" updates had hurt the company's sales last year.

"EA intends to launch 6 next gen games in FY2022, headlined by a new Battlefield game which is expected to anchor a more robust CY2021/FY2022 slate," Stifel analyst Drew Crum said, adding that this year the company did not have a single action release.

EA and rivals Activision Blizzard Inc and Take-Two Interactive Software Inc have benefited from a surge in videogame sales during the pandemic.

But faced with fierce competition, publishers need to keep refreshing their top-selling titles to attract new gamers and retain old ones. EA's quarterly results will offer a clue on how its games held up against popular titles such as Activision's "Call of Duty: Black Ops: Cold War" and Take Two's "NBA 2K21".

* The Redwood City, California-based company is expected to report ​a 20.7% increase in revenue to $2.387 billion from $ 1.98 billion a year ago​, according to the mean estimate of 25 analysts, based on Refinitiv data.

* The analyst mean estimate for Electronic Arts is for earnings of $2.96 per share. For the same quarter last year, the company reported earnings of $2.52 per share.

* The current average analyst rating on the stock is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts fell by about 32% in the last three months.