Take-Two Interactive (TTWO) Tops Q3 Earnings and Revenue Estimates

分组1 - Take-Two Interactive reported quarterly earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and up from $0.72 per share a year ago, indicating strong performance [1] - The earnings surprise for this quarter was +48.09%, and the company has surpassed consensus EPS estimates in all four quarters over the past year [2] - Revenues for the quarter reached $1.76 billion, surpassing the Zacks Consensus Estimate by 10.95%, and up from $1.37 billion year-over-year, demonstrating consistent revenue growth [3] 分组2 - Despite the strong earnings report, Take-Two shares have declined approximately 13.4% since the beginning of the year, contrasting with the S&P 500's gain of 1.9% [4] - The company's earnings outlook is mixed, with current consensus EPS estimates of $0.41 for the upcoming quarter and $3.37 for the current fiscal year, indicating potential for future performance [8] - The Gaming industry, to which Take-Two belongs, is currently ranked in the bottom 23% of Zacks industries, suggesting that the overall industry outlook may impact the stock's performance [9]