Take-Two Interactive Software (TTWO) reported fourth quarter adjusted EPS of $0.49 after the close Monday, compared to $0.21 in the previous year. Analysts expected EPS of $0.27. The company expects to report first quarter adjusted EPS of $0.25 to $0.35 and between $0.75 and $1.00 for the full year 2016. The consensus estimates are for a loss of $0.02 and a profit of 1.29.
Take-Two Interactive Software has gapped open sharply higher Tuesday morning and is now up 2.98 at $27.18 on above average volume. The stock has leaped to nearly a 3-month high.
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