Take-Two Interactive Software Inc Q4 Profit Drops 5%

(RTTNews) - Take-Two Interactive Software Inc (TTWO) revealed a profit for fourth quarter that declined from last year.

The company said its earnings declined to $51.72 million, or $0.46 per share. This was down from $54.28 million, or $0.49 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 19.9% to $342.51 million. This was down from $427.74 million last year.

Take-Two Interactive Software Inc earnings at a glance:

-Earnings (Q4): $51.72 Mln. vs. $54.28 Mln. last year. -Earnings Decline (Y-o-Y): -4.7% -EPS (Q4): $0.46 vs. $0.49 last year. -EPS Decline (Y-o-Y): -6.1% -Analysts Estimate: $0.26 -Revenue (Q4): $342.51 Mln vs. $427.74 Mln last year. -Revenue Change (Y-o-Y): -19.9%

-Guidance: Next quarter EPS guidance: $(-0.40) - $(-0.30) Next quarter revenue guidance: $225 - $260 Mln