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Take-Two Interactive will share its second-quarter earnings on November 9, expecting a loss of 86 cents per share.

ResultsRead the original at Benzinga
Bad for TTWO

Analysts expect a wider quarterly loss and lower sales for Take-Two, pointing to weaker results. Its first-quarter profit beat and several analysts’ Buy ratings are positives, but they do not outweigh the weaker estimates for this quarter.

TTWO · Take-Two Interactive Software, Inc.

AI read · Bad for TTWO

The AI's read

The estimates point to a tougher quarter, with losses widening as sales fall. Take-Two beat first-quarter profit expectations in August, but that earlier result does not erase this quarter’s expected decline. Several analysts kept Buy ratings, though two cut their stated share-price goals.

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