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Take-Two Earnings Beat, Revenue Misses In Q3 -Breaking

by Mike Robinson

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© Reuters. Take-Two Earnings Beat, Revenue Misses In Q3

On Monday, Investing.com reported that Take-Two (NASDAQ) had posted its third quarter results. This included revenue that was below analysts’ expectations and beat forecasts.

Take-Two reported earnings per share at $1.24 on revenues of $866.12M. Investing.com polled analyst to predict EPS of 1.12 on revenues of $868.35M.

Shares of Take-Two are at 9.11% since the start of the year. However, they’re still 18.40% below their 52-week high of $214.58 on February 8, 2021. They are under-performing the S&P 500 which is down 5.92% from the start of the year.

Following the publication, Take-Two shares fell by 1.8% in post-hours trade.

Take-Two reports on other important earnings from the Communication Services Sector this month

Take-Two reports on an earnings beat achieved by Alphabet C, who reported EPS at $30.69 for revenue $75.33B. This compares to the forecasts of EPS at $27.8 for revenue $72.27B.

Meta Platforms’ fourth quarter EPS was $3.67 on revenues of $33.67B. This is a disappointment compared with the $3.84 forecast on revenue at $33.37B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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