Take-Two Earnings Beat, Revenue Misses In Q3

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Take-Two announced earnings per share of $1.24 on revenue of $866.12M. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $868.35M.

Take-Two shares are down 9.11% from the beginning of the year, still down 18.40% from its 52 week high of $214.58 set on February 8, 2021. They are under-performing the S&P 500 which is down 5.92% from the start of the year.

Take-Two shares lost 1.48% in after-hours trade following the report.

Take-Two’s report follows an earnings beat by Alphabet C on February 1, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.8 on revenue of $72.27B.

Meta Platforms had missed expectations on Wednesday with fourth quarter EPS of $3.67 on revenue of $33.67B, compared to forecast for EPS of $3.84 on revenue of $33.37B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar