Take-Two Interactive Software (TTWO) Releases Q4 Earnings Guidance
Take-Two Interactive Software (NASDAQ:TTWO) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.73-0.83 for the period, compared to the Thomson Reuters consensus estimate of $0.63. The company issued revenue guidance of $410-460 million, compared to the consensus revenue estimate of $451.12 million.
Take-Two Interactive Software (TTWO) opened at $103.51 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04. Take-Two Interactive Software has a twelve month low of $53.84 and a twelve month high of $129.25. The company has a market capitalization of $13,365.88, a P/E ratio of 38.68, a P/E/G ratio of 3.40 and a beta of 0.85.
Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.22. The business had revenue of $576.99 million for the quarter, compared to analysts’ expectations of $516.89 million. Take-Two Interactive Software had a return on equity of 29.00% and a net margin of 9.43%. analysts anticipate that Take-Two Interactive Software will post 2.24 earnings per share for the current year.
In related news, Director Michael Dornemann sold 5,500 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $118.50, for a total transaction of $651,750.00. Following the sale, the director now owns 4,777 shares in the company, valued at approximately $566,074.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.55% of the company’s stock.
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Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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