Take-Two Interactive Software Earnings Preview: Get Ahead of the Analysts

Take-Two Interactive Software (NASDAQ:TTWO) will report earnings after markets close on Monday, May 13th. Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories. The Company’s products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance. Take-Two operates offices worldwide.

Here is your Cheat Sheet to Take-two Interactive Software Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $280.51 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.13 to a loss $0.03. For the current year, the average estimate is a profit of $0.18, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Take-two Interactive Software has been performing on an annual basis:

Fiscal Year 2007 2008 2009 2011 2012
Revenue ($) in millions 981.79 1,538 968.49 1,137 825.82
Diluted EPS ($) -1.93 1.28 -1.80 0.56 -1.31

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 236.32 148.08 226.14 273.08 415.77
Diluted EPS ($) 0.16 -0.7918 -1.30 -0.15 0.66

Past Performance:
Take-two Interactive Software has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)