Take-Two Interactive closed at $211.91, down 4.93% from the previous session, a steeper drop than the S&P 500's 0.45% loss, while the Dow fell 0.63% and the Nasdaq lost 0.78%. The publisher of Grand Theft Auto has slid 7.74% over the past month, worse than the Consumer Discretionary sector's 4.05% decline and the S&P 500's 1.99% drop. Ahead of its upcoming earnings disclosure, the company is expected to post earnings per share of $0.83, a 43.15% decline from the year-earlier quarter, on revenue of $1.66 billion, down 15.42% year over year. For the full fiscal year, the Zacks Consensus Estimates project earnings of $7.04 per share and revenue of $8.53 billion, representing changes of +71.71% and +26.97%, respectively, from the prior year. The consensus EPS projection has moved 4.62% lower over the past 30 days, and Take-Two currently carries a Zacks Rank of #3 (Hold), trading at a forward P/E of 31.66 versus its industry average of 17.48.
Take-Two Interactive Software IncAnalysts cut EPS estimates ahead of earnings, with consensus EPS down 4.62% over 30 days and expected Q EPS falling 43.15% year over year.
