Recap: Take-Two Interactive Q4 Earnings

Take-Two Interactive TTWO reported its Q4 earnings results on Monday, May 16, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Take-Two Interactive beat estimated earnings by 4.81%, reporting an EPS of $1.09 versus an estimate of $1.04.

Revenue was up $61.25 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.66% drop in the share price the next day.

Here's a look at Take-Two Interactive's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	1.23	1.34	0.89	0.67
EPS Actual	1.32	1.63	1.01	1.40
Revenue Estimate	879.58M	865.46M	689.22M	664.00M
Revenue Actual	866.12M	984.85M	711.43M	784.53M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Take-Two Interactive management provided guidance for FY 2023, expecting earnings between $4.2 and $4.45 per share.

To track all earnings releases for Take-Two Interactive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.