Investing.com - Take-Two reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Take-Two announced earnings per share of $0.95 on revenue of $930M. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $883.34M.
Take-Two shares are down 38.04% from the beginning of the year , still down 43.77% from its 52 week high of $195.82 set on Friday, November 5, 2021. They are under-performing the S&P 500 which is down 15.86% year to date.
Take-Two shares gained 1.30% in after-hours trade the report.
Take-Two follows other major Communication Services sector earnings this month
Take-Two's report follows an earnings missed by Alphabet C on Tuesday, April 26, 2022, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Meta Platforms had beat expectations on Wednesday, April 27, 2022 with first quarter EPS of $2.72 on revenue of $27.91B, compared to forecast for EPS of $2.56 on revenue of $28.28B.
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