Take-Two Interactive Software Third Quarter Earnings Sneak Peek

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) will unveil its latest earnings on Tuesday, February 5, 2013. Take-Two Interactive Software is a global publisher, developer and distributor of interactive entertainment software and hardware.

Take-Two Interactive Software, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 50 cents per share, a rise of more than threefold from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 54 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 50 cents during the last month.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the second quarter, the company reported profit of 3 cents per share versus a mean estimate of net loss of 23 cents per share. In the first quarter, the company missed estimates by 46 cents.

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A Look Back: In the second quarter, the company’s loss narrowed to a loss of $12.5 million (15 cents a share) from a loss of $47.4 million (57 cents) a year earlier, beating analyst expectations. Revenue rose more than twofold to $273.1 million from $107 million.

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