Preview: Take: Two Interactive shares rise ahead of quarterly results
15/05/2025 17:57
** Shares of video gaming company Take-Two Interactive Software Inc TTWO.O up 1.2% to $232.17 ahead of its quarterly earnings result due after markets close, with investors focused on the future bookings impact of a delay in a major game
** Earlier this month, TTWO postponed the release of one its cash cows - "Grand Theft Auto VI" - to May 26, 2026, as it grapples with rising production costs and growing pressure from players to deliver polished experiences at launch
** Wall Street analysts expect TTWO's quarterly revenue to rise 15% to $1.55 bln and EPS of $1.10 a share, according to LSEG
** Among 30 analysts that cover TTWO, avg rating is "buy" and median PT is $230
** TTWO is up 26% YTD vs Nasdaq's .IXIC 1% decrease
(Reporting by Chibuike Oguh in New York)