What To Expect From Take-Two Interactive Software, Inc. (NASDAQ:TTWO) 1Q21 Earnings

87

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is reporting first quarter financial results on Monday 3rd August 2020, after market close.

According to analysts surveyed by Thomson Reuters, TTWO is expected to report 1Q21 income of $ 1.60 per share from revenue of $ 843.68 million.

For the full year, analysts anticipate top line of $ 2749.76 million, while looking forward to income of $ 3.91 per share bottom line.

The Company Outlook

Revenue for 1Q21 are expected in a range of $ 800.00 million ~ $ 850.00 million

Full Year 2021 topline are forecasted in a range of$ 2.63 billion ~ $ 2.73 billion, where as bottomline are predicted in a range of $ 2.60 ~ $ 2.85 per share

Click Here For More Historical Outlooks Of Take-Two Interactive Software, Inc.

Previous Quarter Performance

Take-Two Interactive Software, Inc. unfold income for the fourth quarter of $ 1.07 per share, from the revenue of $ 760.50 million. The quarterly earnings elevated 37.18 percent while revenues swell 55.71 percent compared with the same quarter last year.
Street analysts expected Take-Two Interactive Software, Inc. to report income of $ 0.89 per share on revenue of $ 582.22 million for the fourth quarter. The bottom line results beat street analysts by $ 0.18 or 20.22 percent, at the same time, top line results outshined analysts by $ 178.28 million or 30.62 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Take-Two Interactive Software, Inc.

Stock Performance

According to the previous trading day, closing price of TTWO was $ 164.02, representing a 64.02 % increase from the 52 week low of $ 100.00 and a 0.05 % decrease over the 52 week high of $ 164.11.

The company has a market capital of $ 18.75 billion and is part of the Technology sector and Electronic Gaming & Multimedia industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TTWO” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Recent Analyst recommendations

  • On 12th June 2020, upgraded by MKM Partners to Buy from Neutral rating, with $ 160.00 target price.
Conference Call

Take-Two Interactive Software, Inc. will be hosting a conference call at 4:30 PM eastern time on 3rd August 2020, to discuss its 1Q21 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.