Dec 15 (Reuters) - "Battlefield" maker Electronic Arts forecast fiscal 2026 net bookings below analysts' estimates on Monday, as soft consumer spending and elevated console prices weigh on demand during a fiercely competitive holiday season.
The Redwood City, California-based company expects net bookings of about $7.85 billion for the year, compared with the analysts' average estimate of $8.06 billion, according to data compiled by LSEG. EA also projected annual adjusted EBITDA of $2.76 billion, below the $2.93 billion consensus.
