Equity Profile

TTWO

Take-Two Interactive Software, Inc.

Communication ServicesInteractive Home Entertainment$45.3B

Aug10Mon

Pre-Earnings Brief

UpcomingQ1-2027After Close5:00 PM EDT

Company Snapshot

Take-Two Interactive Software, Inc. (TTWO) is a leading developer and publisher of interactive entertainment software, known for popular franchises like Grand Theft Auto and NBA 2K....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding the company's market performance and demand for its games.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

TTWO Q1-2027 Earnings Preview

Context

Company Snapshot

Take-Two Interactive Software, Inc. (TTWO) is a leading developer and publisher of interactive entertainment software, known for popular franchises like Grand Theft Auto and NBA 2K. As part of the Communication Services sector, the company plays a significant role in the gaming industry, which continues to grow with trends in digital gaming and consumer spending.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-1186.94%

Avg Stock Reaction

-0.11%

Last Quarter Recap

In the last quarter, Take-Two reported disappointing earnings, missing estimates significantly. The stock reacted modestly positive the following day despite the poor performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Take-Two's upcoming earnings are cautious given the recent history of missed earnings. Investors are looking for signs of recovery in revenue and profitability.

Bull Case

If Take-Two can show a turnaround in earnings and revenue, particularly from its major franchises, it could signal a strong recovery and boost investor confidence.

Bear Case

Conversely, if the company continues to miss earnings expectations and shows weak revenue growth, it could lead to further declines in stock price and investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for this quarter?

Given the company's recent history of significant EPS misses, this number will be critical in assessing the company's financial health.

How is revenue trending for key franchises?

Understanding revenue performance from major titles will help gauge consumer demand and the company's competitive position in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a recovery in revenue from major franchises, which could lead to a positive surprise this quarter.

Supporting Evidence

The options market is pricing an 18.4% move, indicating expectations of volatility that may not align with historical performance.

Recent trends in gaming suggest a resurgence in consumer spending, which could benefit Take-Two's key titles.

Key Risk

If revenue from major franchises exceeds expectations, it could significantly alter the bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Take-Two can recover from its recent earnings misses and show growth in its key franchises.

Bull Confirmed If

A positive EPS surprise of at least $0.20 would confirm the bull case.

Bear Confirmed If

An EPS loss greater than $0.50 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±18.4%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±18.4% while TTWO has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

34.4%

Calls (374K)P/C Ratio: 0.45Puts (183K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Communication Services

n=30

Fade rate: 16 of 30 (53%)

This setup has occurred 30 times across Communication Services in the last 2 years. 16 of 30 faded and 14 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 3.5%, with a raw directional average of -0.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Take-Two beats expectations, history suggests a potential stock increase of around 1.5%, confirming a recovery narrative.

In-Line / Cautious

If results are in line with expectations, the stock may remain stable but could see muted reactions as investors await clearer guidance.

Miss

If the company misses again, history suggests a potential decline of around 0.1%, further eroding investor confidence.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on the performance of Grand Theft Auto and NBA 2K franchises.
2Management's commentary on cost management strategies.
3Insights into consumer trends in gaming and how they are impacting sales.
4Any guidance on future game releases and their expected impact on revenue.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Take-Two Interactive Software, Inc. (TTWO) is a leading developer and publisher of interactive entertainment software, known for popular franchises like Grand Theft Auto and NBA 2K....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding the company's market performance and demand for its games.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

TTWO Q1-2027 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-1186.94%

Avg Stock Reaction

-0.11%

Last Quarter Recap

In the last quarter, Take-Two reported disappointing earnings, missing estimates significantly. The stock reacted modestly positive the following day despite the poor performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Take-Two's upcoming earnings are cautious given the recent history of missed earnings. Investors are looking for signs of recovery in revenue and profitability.

Bull Case

If Take-Two can show a turnaround in earnings and revenue, particularly from its major franchises, it could signal a strong recovery and boost investor confidence.

Bear Case

Conversely, if the company continues to miss earnings expectations and shows weak revenue growth, it could lead to further declines in stock price and investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for this quarter?

Given the company's recent history of significant EPS misses, this number will be critical in assessing the company's financial health.

How is revenue trending for key franchises?

Understanding revenue performance from major titles will help gauge consumer demand and the company's competitive position in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a recovery in revenue from major franchises, which could lead to a positive surprise this quarter.

Supporting Evidence

The options market is pricing an 18.4% move, indicating expectations of volatility that may not align with historical performance.

Recent trends in gaming suggest a resurgence in consumer spending, which could benefit Take-Two's key titles.

Key Risk

If revenue from major franchises exceeds expectations, it could significantly alter the bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Take-Two can recover from its recent earnings misses and show growth in its key franchises.

Bull Confirmed If

A positive EPS surprise of at least $0.20 would confirm the bull case.

Bear Confirmed If

An EPS loss greater than $0.50 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±18.4%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±18.4% while TTWO has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

34.4%

Calls (374K)P/C Ratio: 0.45Puts (183K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Communication Services

n=30

Fade rate: 16 of 30 (53%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Take-Two beats expectations, history suggests a potential stock increase of around 1.5%, confirming a recovery narrative.

In-Line / Cautious

If results are in line with expectations, the stock may remain stable but could see muted reactions as investors await clearer guidance.

Miss

If the company misses again, history suggests a potential decline of around 0.1%, further eroding investor confidence.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on the performance of Grand Theft Auto and NBA 2K franchises.
2Management's commentary on cost management strategies.
3Insights into consumer trends in gaming and how they are impacting sales.
4Any guidance on future game releases and their expected impact on revenue.