Take-Two Earnings Miss, Revenue Beats In Q4 -Breaking
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On Monday, Investing.com reported that Take-Two’s fourth quarter revenue exceeded expectations and that analysts had not forecast.
Take-Two reported earnings per share at $0.95 for revenue $930M. Investing.com polled analysts and predicted EPS at $1.01 for revenue $883.34M.
Shares of Take-Two are down 38.04% since the start of the year. However, they’re still down 43.77% from their 52 week high $195.82 on November 5, 2021. They are under-performing the S&P 500 which is down 15.86% from the start of the year.
Following the publication, Take-Two shares rose by 1.92% after hours trade.
Take-Two is following other significant earnings in the Communication Services sector this month
Take-Two reports on Alphabet C’s April 26 earnings miss. They reported an EPS report of $24.62 for revenue of $68.01B. This compares to the forecasts of EPS at $25.59 for revenue of $68.06B.
Meta Platforms beat all expectations with a first quarter earnings per share of $2.72 on $27.91B in revenue, as opposed to the forecast of EPS at $2.56 for $28.28B.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar
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