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.
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 $0.18, which is better than the estimate ninety days ago.
Here’s how Take-two Interactive Software has been performing on an annual basis:
|Revenue ($) 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|
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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