Earnings Calendar Oct & Nov 2022: Gaming, Media & Tech Companies

The fourth quarter is here, which means it’s time for the final earnings season of 2022!

And with that, I’m here to host yet another earnings calendar extravaganza here at the site. I like to think of this as the premier calendar on the entire internet covering gaming, technology and media sectors! Probably, at least..

(Mainly because no one else is a big enough nerd to compile it.)

Every quarter here, I gather up a list of dates for companies presenting their latest financial reports and sharing how their business is faring with analysts and investors alike. This time around, it’s for the quarter or other time frame ending in September. It now features over 100 companies!

The next few weeks are going to be busy and intriguing, based on a variety of macroeconomic and industry-specific pressures hitting companies. Certain economies are experiencing contractions in output and labor markets yet higher prices across the board, leading to potential recessions or stagflation scenarios. There’s also the year-on-year comparisons to highs of pandemic spending, in particular for gaming and mobile. People may not have as much discretionary income as recent years, leading to more calculating buying habits outside of the essentials.

Even so, I expect many results will be slightly more upbeat than last quarter. Especially when it comes to consumer electronics companies and device manufactures, since there’s certain indicators that supply is improving and part costs might be hitting a plateau.

What’s the best way to prepare to follow all the goings on this season? Well, saving the above image and visiting our handy Google Sheets link below. Please shoot a message via email or social media with any issues.

That said, read below the proverbial fold to see three companies I’ll be watching closely. Thanks for hanging out! Be safe, everyone.

Working Casual Earnings Calendar Oct & Nov 2022: Gaming, Media & Tech Companies

Electronic Arts Inc. (EA): Tuesday, November 1st

I’m quite optimistic as major third party developer and publisher Electronic Arts reports its second quarter of fiscal year 2023 as the calendar turns to November. It was one of the few gaming companies to generate growth last quarter, mainly due to its business mix skewing towards live services and ongoing franchises. Its flagship Madden NFL 23 launched in August, thus will contribute greatly to the latest quarter. The company has notably invested in both racing games and mobile in recent years, with F1 22 zooming to a good start back in July. Then there’s the ever-present Apex Legends which has stepped into the role of being EA’s main shooter series as Battlefield regroups. Executives will also provide updates on its upcoming product pipeline with titles like Dead Space remake, PGA Tour 2023, Star Wars Jedi: Survivor and Need for Speed Unbound.

Sony Corp (SNE): Tuesday, November 1st

After a somewhat soft start to its 2022 fiscal year last quarter, Sony is also set to release its second quarter results in early November. While the Japanese consumer tech conglomerate raised its overall revenue forecast for the full year, it reduced guidance for the PlayStation division. Especially for profitability. Intriguingly, it reiterated the original 18 million unit sales target for PlayStation 5 hardware, implying a level of bullishness for the console business during the coming holiday season and beyond. There have been signs of improved inventories and supply chain easing, with PlayStation console sales increasing lately in major markets. Sony will also benefit from new third party releases like the aforementioned Madden NFL 23, among others, plus The Last of Us Part 1 and PC ports of select franchises. I’m also curious about the impact on its services output now that its rebranded PlayStation Plus has been on market for a quarter. Overall, I’m expecting a slight contraction in quarterly performance for its gaming segment yet hardware will likely stay on target.

CD Projekt SA (CDR): Monday, November 28th

It’s been an eventful year for CD Projekt, which reports fiscal 2022 third quarter results late in November. As part of its broader approach, the Polish developer and publisher has moved to a multi-project pipeline with a good portion of its resources focused recently on fixing Cyberpunk 2077 plus pumping out its new generation update while others are working on The Witcher 3: Wild Hunt‘s own update, still allegedly scheduled for 2022. Because of improvements and its Edgerunners anime show, Cyberpunk 2077 has experienced a resurgence lately that will certainly benefit this upcoming report. Then, earlier this month, CD Projekt shared a blowout strategy update that includes a bevy of new projects: an expansion and sequel to Cyberpunk 2077, at least three new Witcher universe titles and a brand new IP under the code name Project Hadar. I’ve been vocally skeptical of management since it rushed out Cyberpunk 2077 almost two years ago. This sort of transparency and realignment is reassuring, though only if the company can deliver on its myriad of promises. Which is quite the big “if” in my opinion.

Sources: Cash Macanaya (Image Credit), Company Investor Relations Websites.

-Dom