Analyst says BBC2 may reach 3 million this quarter
March 28, 2010 · Filed Under battlefield bad company 2
Colin Sebastian, the analyst of Lazard Capital Markets, raised sales and profits estimates on Thursday for publisher Electronic Arts. This is because of the stronger than expected sales of Battlefield: Bad Company 2.
Colin Sebastian said, We now expect EA to ship 3 million-plus units of Battlefield [Bad Company 2] for the quarter [ending March 31], ahead of our original 2.5 million unit estimate.
Sebastian also noted that BBC2 reached 230,000 peak concurrent users for online multiplayer, which bodes well for overall franchise strength and the potential for follow-on sales.
Recentluy Electronic Arts said that BBC2 sold 2.3 million units.
Sebastian added further, Based primarily on continuing strength in sell-through of Battlefield: Bad Company 2, we are raising our 1Q revenue and [earnings per share] estimates for EA to $850 million and 5 cents, up from $830 million and 4 cents, respectively.
He also mentioned that the upcoming sports games of EA will be proving the companys next product catalysts. In April the company is launching World Cup. After that it will also launch Tiger Woods, NCAA Football, FIFA and Madden NFL.