Take Two (TTWO) to Report Q2 Earnings: What's in the Cards?

TTWO LBRDK IHRT

Take Two Interactive (TTWO - Free Report) is set to report second-quarter fiscal 2020 results on Nov 7.

For the quarter, the company expects net revenues between $855 million and $905 million.

The Zacks Consensus Estimate for second-quarter revenues stands at $919 million, indicating 57.5% growth from the figure reported in the year-ago quarter.

Moreover, the consensus mark for earnings has increased by 2 cents over the past 30 days to $1.67 per share.

In the last reported quarter, Take Two delivered GAAP earnings of 41 cents per share, which declined almost 34% year over year. Net revenues increased 39.3% from the year-ago quarter to $540.5 million.

Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 193.6%.

Let’s see how things have shaped up prior to this announcement.

Take-Two Interactive Software, Inc. Price and EPS Surprise

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