Take-Two Interactive Software (NAS: TTWO) is expected to report Q1 earnings on July 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Take-Two Interactive Software's revenues will compress -23.1% and EPS will remain in the red.
The average estimate for revenue is $257.1 million. On the bottom line, the average EPS estimate is -$0.65.
Last quarter, Take-Two Interactive Software logged revenue of $148.1 million. GAAP reported sales were 19% lower than the prior-year quarter's $182.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.60. GAAP EPS were -$0.80 for Q4 against -$0.39 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 21.4%, 1,270 basis points worse than the prior-year quarter. Operating margin was -41.3%, 3,030 basis points worse than the prior-year quarter. Net margin was -45.1%, 3,300 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.83 billion. The average EPS estimate is $2.29.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,149 members out of 1,238 rating the stock outperform, and 89 members rating it underperform. Among 268 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Take-Two Interactive Software a green thumbs-up, and 20 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Take-Two Interactive Software is outperform, with an average price target of $18.88.
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The article Take-Two Interactive Software, in the Spotlight Soon originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Take-Two Interactive. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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