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Take-Two Interactive Software (TTWO) Surged On Strong Q3 Results

Take-Two Interactive Software (TTWO: Quote) reported third quarter adjusted EPS of $0.67 after the close Tuesday, up from $0.27 last year. The consensus estimate was for EPS of $0.54. The company expects to report fourth quarter adjusted EPS of $0.10 to $0.25 and between $0.05 and $0.20 for the full year. The consensus estimates are for EPS of $0.36 and $0.15.

Take-Two Interactive Software gapped up Wednesday and rose steadily until mid-morning. The stock ended the day with a gain of 1.78 at $14.44 on strong volume and set over a 9-month high.

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by RTT Staff Writer

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