Take-Two Interactive Software forecast third-quarter bookings below Wall Street expectations on Wednesday, as consumers cut spending budgets owing to higher-for-longer inflation and an uncertain economy.
TTWO's fiscal second-quarter results are expected to have been impacted by stagnant recurring consumer spending despite a robust portfolio of video game titles.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Take-Two (TTWO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Zacks.com users have recently been watching Take-Two (TTWO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Take-Two (TTWO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Take-Two Interactive (TTWO) concluded the recent trading session at $160.80, signifying a -0.61% move from its prior day's close.
Take-Two Interactive (TTWO) closed the most recent trading day at $156.88, moving +1.04% from the previous trading session.
TTWO is set to expand its market reach with the release of Red Dead Redemption and its expansion of Undead Nightmare on PC.
The latest trading day saw Take-Two Interactive (TTWO) settling at $152.94, representing a +0.48% change from its previous close.
In the most recent trading session, Take-Two Interactive (TTWO) closed at $151.37, indicating a +0.59% shift from the previous trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Take-Two Interactive (TTWO) reachead $151.69 at the closing of the latest trading day, reflecting a +0.61% change compared to its last close.