It's In The Game! Previewing Electronic Arts Earnings (ERTS)

Electronic Arts ERTS is set to report earnings tonight after the bell. Wall Street analysts are looking for earnings of 57 cents per share, up 33 cents per share from last year. Revenue is expected to rise to $1.44 billion for this quarter, up from $1.35 billion. At last check, shares of Texas Instruments were up 5 cents to $15.09, a gain of 0.33%. The stock is trading around 19 times 2011 earnings, and has a 1.36 price to earnings growth (PEG) ratio. The $5 billion market company is known for its popular video games, such as the Madden, Tiger Woods and other EA sports properties. If Electronic Arts reports better than expected earnings, names like Activision ATVI and THQ THQI could see a boost, given these companies compete with Electronic Arts. Electronic Arts Inc. develops, markets, publishes, and distributes video game software and content.