Take-Two Interactive beat the analyst estimate on first-quarter earnings per share while revenue fell just short of consensus. Shares closed higher and remain up double digits over the past year, even as analysts filed more negative EPS revisions than positive ones over the past 90 days.
Take-Two Interactive posted first-quarter earnings per share of $0.33, beating the analyst estimate of $0.33. Revenue for the quarter came in at $1.39 billion, versus the consensus estimate of $1.4 billion.
Shares closed at $246.50, up $14.03, or 6.04%, on the session. The stock is up 11.3% over the past three months and up 13.4% over the past year. In after-hours trading, shares slipped to $246.41, down $0.09, or 0.04%.
Analysts issued three positive EPS revisions and 10 negative EPS revisions over the past 90 days. According to InvestingPro, Take-Two's Financial Health score is "fair performance".
Source: Investing.com
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