One of Electronic Arts’ key games slated for this year is getting moved out to 2019, according to a gaming news site report.
Kotaku’s Jason Schreier said “Anthem,” which was slated for a fall of 2018 release is now planned for a launch in early 2019, according to three people familiar with the project.
The company’s shares dropped 2.5 percent following the report.
One Wall Street analyst downplayed the impact of a potential delay Wednesday.
The Kotaku report “would imply that the game release would still fall in its FY19. All else equal, this likely wouldn’t have a massive impact to estimates; it raises further concerns about the production of the game if it gets pushed a second time,” KeyBanc Capital Markets analyst Evan Wingren wrote in a note to clients. “These concerns are likely to be amplified given the recent execution concerns.”
The analyst predicts “Anthem” will sell 9 million units for the game publisher.
EA did not immediately respond to a request for comment.
Electronic Arts shares drop on report ‘Anthem’ game will get delayed to 2019