Take-Two Gains 2.33% Ahead of Earnings Report

Take-Two Interactive closed at $207.50, up 2.33% in its latest trading session. The S&P 500 fell 0.25%, while the Dow lost 0.86% and the Nasdaq gained 0.24%.

The stock had fallen 6.42% over the past month, according to the article. That decline was smaller than the Consumer Discretionary sector’s 8.16% drop but larger than the S&P 500’s 0.42% loss.

Ahead of its upcoming earnings report, analysts expect Take-Two to post earnings of $0.83 per share, down 43.15% from a year earlier. The Zacks Consensus Estimate puts revenue at $1.66 billion, a 15.42% decline.

For the full year, Zacks estimates earnings of $7.04 per share and revenue of $8.53 billion. Those figures would represent increases of 71.71% and 26.97%, respectively, from the prior year.

Zacks said its consensus earnings-per-share estimate for Take-Two had fallen 4.62% over the past 30 days. The stock’s forward price-to-earnings ratio was 28.8, compared with an industry average of 15.22.