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Take-Two Interactive Q4 Earnings Preview

Benzinga Newsdesk

On Monday, May 13, Take-Two Interactive (NASDAQ: TTWO) will release its latest earnings report. Benzinga's outlook for Take-Two Interactive is included in the following report.

Earnings and Revenue

Wall Street analysts see Take-Two Interactive reporting earnings of 75 cents per share on revenue of $506.46 million.

Take-Two Interactive reported a per-share profit of 70 cents when it published results during the same quarter last year. Sales in that period totaled $411.36 million. The analyst consensus estimate would represent a 7.14 percent increase in the company's EPS figure. Revenue would be up 23.12 percent on a year-over-year basis. Here's how the Take-Two Interactive's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2019 Q2 2019 Q1 2019 Q4 2018
EPS Estimate 2.74 0.93 0.07 0.64
EPS Actual 2.9 1.05 0.12 0.7

Stock Performance

Shares of Take-Two Interactive were trading at $103.38 as of May 13. Over the last 52-week period, shares are down 11.69 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

View more earnings on TTWO

Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Take-Two Interactive stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Take-Two Interactive's conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.

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