JUMP REPORT
TAKE TWO INTERACTIVE (TTWO)
EARNINGS RELEASE - AUGUST 3 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.60/share REV: 843.6/M
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LAST QTR: EPS: .89/share ACTUAL: 1.50/share (BEAT)
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NEXT QTR: EPS: 1.10/share REV: 747.9/M
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FULL YR: EPS: 3.91/Share REV: 2,750/M
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BEAT/MISS RECORD: 83% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.61, -11.8, 4.84
EXPECTED JUMP MOVE THIS QUARTER: 10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading
Links To Latest News and Headlines
Electronic Arts (NASDAQ: EA) and Take-Two Interactive Software (NASDAQ: TTWO) have both had immense success in the world of video game stocks. The companies have released some of the world’s most popular and lucrative game franchises, including Grand Theft Auto, Red Dead Redemption, FIFA, and Madden. Consequently, investors looking to add a gaming stock to their portfolio might consider one of these companies.
Take-Two Interactive (TTWO) closed the most recent trading day at $109.57, moving -0.72% from the previous trading session.
The industry is getting no love in 2022 but has a lot of tailwinds that are going to work in its favor over the next 10 years.
Videogames are heading for a U.S. sales decline in 2022, but a looming recession and new releases could turbocharge a rebound in 2023, according to one analyst.
Investors love to see steady increases in sales and profit estimates, but these have been declining for most sectors.
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Avg Daily Volume: 2,097,251 Market Cap: 17.18B
Sector: Technology Short Interest: 4.52
Ticker delayed 20 minutes
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by Team Stockjumpers