Take-Two Earnings Miss, Revenue Beats In Q4
2022.05.16 23:20
Take-Two Earnings Miss, Revenue Beats In Q4
Investing.com – Take-Two (NASDAQ:TTWO) reported on Monday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Take-Two announced earnings per share of $0.95 on revenue of $930M. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $883.34M.
Take-Two shares are down 38.04% from the beginning of the year, still down 43.77% from its 52 week high of $195.82 set on November 5, 2021. They are under-performing the S&P 500 which is down 15.86% from the start of the year.
Take-Two shares gained 1.92% in after-hours trade following the report.
Take-Two follows other major Communication Services sector earnings this month
Take-Two’s report follows an earnings missed by Alphabet C on April 26, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Meta Platforms had beat expectations on April 27 with first quarter EPS of $2.72 on revenue of $27.91B, compared to forecast for EPS of $2.56 on revenue of $28.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
