Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is reporting second quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, TTWO is expected to report 2Q21 income of $ 1.48 per share from revenue of $ 854.29 million.
For the full year, analysts anticipate top line of $ 3040.49 million, while looking forward to income of $ 4.92 per share bottom line.
The Company Outlook
Earnings for 2Q21 are anticipated in a range of $ 1.25 ~ $ 1.35 per share, while revenues are expected in a range of $ 775.00 million ~ $ 825.00 million
Full Year 2021 topline are forecasted in a range of$ 2,800.00 million ~ $ 2,900.00 million, where as bottomline are predicted in a range of $ 4.05 ~ $ 4.30 per share
Click Here For More Historical Outlooks Of Take-Two Interactive Software, Inc.
Previous Quarter Performance
Take-Two Interactive Software, Inc. outlined income for the first quarter of $ 2.30 per share, from the revenue of $ 996.25 million. The quarterly earnings swell 751.85 percent compared with the same quarter last year. The consensus estimates are income of $ 1.60 per share from $ 843.68 million in revenue. The bottom line results beat street analysts by $ 0.7 or 43.75 percent, at the same time, top line results outshined analysts by $ 152.57 million or 18.08 percent.
Stock Performance
Shares of Take-Two Interactive Software, Inc. traded up $ 4.84 or 3.05 percent on Wednesday, reaching $ 163.72 with volume of 1.27 million shares. Take-Two Interactive Software, Inc. has traded high as $ 166.57 and has cracked $ 161.19 on the downward trend
The closing price of $ 163.72, representing a 58.88 % increase from the 52 week low of $ 100.00 and a 12.03 % decrease over the 52 week high of $ 180.61.
The company has a market capital of $ 18.72 billion and is part of the Technology sector and Electronic Gaming & Multimedia industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Morgan Stanley at Overweight rating, with $ 185.00 target price.
- On 13th October 2020, maintained by Deutsche Bank at Buy rating, with $ 200.00 target price.
Conference Call
Take-Two Interactive Software, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.take2games.com
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels.
