Does The Street Have Take-Two Interactive Software Figured Out?
Take-Two Interactive Software (NAS: TTWO) is expected to report Q3 earnings on Feb. 5. 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 grow 55.5% and EPS will grow 107.4%.
The average estimate for revenue is $367.5 million. On the bottom line, the average EPS estimate is $0.56.
Last quarter, Take-Two Interactive Software recorded revenue of $273.1 million. GAAP reported sales were much higher than the prior-year quarter's $107.0 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 $0.11. GAAP EPS were -$0.15 for Q2 against -$0.57 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 42.0%, 1,180 basis points better than the prior-year quarter. Operating margin was -1.4%, 3,740 basis points better than the prior-year quarter. Net margin was -4.6%, 3,970 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.18 billion. The average EPS estimate is $0.18.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,139 members out of 1,228 rating the stock outperform, and 89 members rating it underperform. Among 290 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 273 give Take-Two Interactive Software a green thumbs-up, and 17 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 $14.67.
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The article Does The Street Have Take-Two Interactive Software Figured Out? 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 recommends 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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