Take-Two Shares Fell Over 2% in Premarket Trading

Tiger Newspress2022-02-08

Take-Two Shares fell over 2% premarket as Q4 revenue view fell short of estimates on thin games lineup.

Take-Two delivered quarterly guidance that fell short of estimates after reporting mixed fiscal third-quarter results as revenue was weighed down by softer-than-expected net bookings.

The company reported Q4 EPS of $1.24 on revenue of $886.1M, compared with estimates for EPS of $1.12 on revenue of $868.4M.

Net Bookings - the net amount of products and services sold digitally or sold-in physically - grew 6% to $866.1M.

For Q4, the company expected EPS of $0.46 to $0.56 on revenue of $835M to $885M. That compared with Wall Street estimates for EPS of $0.57 on revenue of $924.3M.

Looking ahead to fiscal 2022, the company guided bookings in a range of $3.37B to $3.42B, up from $3.3B to $3.4B previously.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

rachellll
2022-02-08
rachellll
A
och
2022-02-08
och
Like
Shangz
2022-02-08
Shangz
^^
Ajay29
2022-02-08
Ajay29
Nice article
ohmytiannn
2022-02-08
ohmytiannn
Ok
Mashchomp
2022-02-08
Mashchomp
Like please

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1152540398?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-08 17:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1152540398","market":"us","top_or_hot":-1,"title":"Take-Two Shares Fell Over 2% in Premarket Trading","media":"Tiger Newspress","content":"<html><head></head><body><p>Take-Two Shares fell over 2% premarket as Q4 revenue view fell short of estimates on thin games lineup.</p><p><img src=\"https://static.tigerbbs.com/40f4af89f6803133a743ab95aaa46e86\" tg-width=\"836\" tg-height=\"637\" width=\"100%\" height=\"auto\"/></p><p><a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> delivered quarterly guidance that fell short of estimates after reporting mixed fiscal third-quarter results as revenue was weighed down by softer-than-expected net bookings.</p><p>The company reported Q4 EPS of $1.24 on revenue of $886.1M, compared with estimates for EPS of $1.12 on revenue of $868.4M.</p><p>Net Bookings - the net amount of products and services sold digitally or sold-in physically - grew 6% to $866.1M.</p><p>For Q4, the company expected EPS of $0.46 to $0.56 on revenue of $835M to $885M. That compared with Wall Street estimates for EPS of $0.57 on revenue of $924.3M.</p><p>Looking ahead to fiscal 2022, the company guided bookings in a range of $3.37B to $3.42B, up from $3.3B to $3.4B previously.</p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Take-Two Shares Fell Over 2% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTake-Two Shares Fell Over 2% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n2022-02-08 17:11 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Take-Two Shares fell over 2% premarket as Q4 revenue view fell short of estimates on thin games lineup.Take-Two delivered quarterly guidance that fell short of estimates after reporting mixed fiscal ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TTWO","symbol_name":"Take-Two Interactive Software","start_time":0,"source_url":"","article_id":"1152540398","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152540398","pubTimestamp":1644311499,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Take-Two Shares fell over 2% premarket as Q4 revenue view fell short of estimates on thin games line","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TTWO":"Take-Two Interactive Software"},"translate_title":"Take-Two股价在盘前交易中下跌超过2%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTWO":0.9},"content_text":"Take-Two Shares fell over 2% premarket as Q4 revenue view fell short of estimates on thin games lineup.Take-Two delivered quarterly guidance that fell short of estimates after reporting mixed fiscal third-quarter results as revenue was weighed down by softer-than-expected net bookings.The company reported Q4 EPS of $1.24 on revenue of $886.1M, compared with estimates for EPS of $1.12 on revenue of $868.4M.Net Bookings - the net amount of products and services sold digitally or sold-in physically - grew 6% to $866.1M.For Q4, the company expected EPS of $0.46 to $0.56 on revenue of $835M to $885M. That compared with Wall Street estimates for EPS of $0.57 on revenue of $924.3M.Looking ahead to fiscal 2022, the company guided bookings in a range of $3.37B to $3.42B, up from $3.3B to $3.4B previously.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9096373994,"gmtCreate":1644319056830,"gmtModify":1676533911874,"author":{"id":"3586435391928672","authorId":"3586435391928672","name":"rachellll","avatar":"https://static.tigerbbs.com/7855a29f75174783f11b5102e8a7c8ba","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586435391928672","authorIdStr":"3586435391928672"},"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096373994","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9096340252,"gmtCreate":1644315637425,"gmtModify":1676533911535,"author":{"id":"3565663543754207","authorId":"3565663543754207","name":"och","avatar":"https://static.tigerbbs.com/1c195b2a32a90ae2210984600e352644","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3565663543754207","authorIdStr":"3565663543754207"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096340252","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9096356287,"gmtCreate":1644314392296,"gmtModify":1676533911418,"author":{"id":"3580712991765476","authorId":"3580712991765476","name":"Shangz","avatar":"https://static.itradeup.com/news/70e059259f45279fad31f02cbf3ead94","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580712991765476","authorIdStr":"3580712991765476"},"htmlText":"^^","listText":"^^","text":"^^","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096356287","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9096356039,"gmtCreate":1644314268488,"gmtModify":1676533911397,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"htmlText":"Nice article&nbsp;","listText":"Nice article&nbsp;","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096356039","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9096350112,"gmtCreate":1644312745264,"gmtModify":1676533911318,"author":{"id":"3585864277547316","authorId":"3585864277547316","name":"ohmytiannn","avatar":"https://static.tigerbbs.com/51875031030c53b01a1c3bbcbf6159ef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585864277547316","authorIdStr":"3585864277547316"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096350112","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9096322193,"gmtCreate":1644311969504,"gmtModify":1676533911218,"author":{"id":"4102586420643510","authorId":"4102586420643510","name":"Mashchomp","avatar":"https://community-static.tradeup.com/news/65c2f4f2dd97d8fe7ae118688e996765","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102586420643510","authorIdStr":"4102586420643510"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096322193","repostId":1152540398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":77,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1152540398"}