NEW YORK (TheStreet) -- Shares ofaTake-Two Interactive Software, Inc. are sharply up 8.25% to $24.68 in midday trading Thursday after the video game publisher raised its fiscal 2015 full year outlook. The company raised its earnings guidance to a range of $1.35 - $1.45 per share, from a previous range ofa80 cents toa$1.05 per share. Similarly, the video game company raised its revenueaguidance to a range of $1.4 billion - $1.5 billion, from its prior range of $1.35 billion - $1.45 billion. a Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The midpoints of both ranges are above analysts' expectations of $1.05 EPS on $1.44 billion in revenue for the full year. The New York City-based company reported a fiscal second quarter net loss of $41.1 million, or a loss of 44 cents per share, better than analysts' estimates of a loss of 59 cents per share. Revenue of $135 million for the quarter also beat analysts' expectations of $110.92 million, helped by the release of video game "Grand Theft Auto V." TTWO data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Click to view a price quote on TTWO. Click to research the Computer Software & Services industry.
from Latest TSC Headlines http://ift.tt/1wITQ65
No comments:
Post a Comment