Video game publisher Take Two (NASDAQ: TTWO) will be reporting earnings this Thursday afternoon. Here’s what to expect.
Take-Two beat analysts’ revenue expectations by 9.3% last quarter, reporting revenues of $1.50 billion, up 23.5% year on year. It was a slower quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly and revenue guidance for next quarter slightly missing analysts’ expectations.
Is Take-Two a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Take-Two’s revenue to grow 15.8% year on year to $1.71 billion, improving from the 2.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.93 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Take-Two has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Take-Two’s peers in the consumer internet segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Electronic Arts’s revenues decreased 11.5% year on year, beating analysts’ expectations by 1%, and EverQuote reported revenues up 20.3%, topping estimates by 4.3%. Electronic Arts’s stock price was unchanged after the resultswhile EverQuote was up 8.3%.
Read our full analysis of Electronic Arts’s results here and EverQuote’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the consumer internet stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.7% on average over the last month. Take-Two’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $274.49 (compared to the current share price of $255).
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