Take-Two Interactive Software Inc's (NASDAQ:TTWO) quarterly earnings on Tuesday are expected to put the spotlight on rising costs, and, tighter financials.
Revenue is expected higher, by around 20%, supported by spending in flagship franchises Grand Theft Auto and NBA 2K, plus the integration of the acquired mobile developer Zynga.
Market consensus estimates are pitched between $1.21 billion and $1.26 billion for revenue, whilst its loss per share is estimated between US$1.05 to 95 cents.
Street analysts reckon Zynga may have boosted Take Two’s mobile revenues by around 57.8%.
The cost of business in the video game industry is also expected to be higher, with Take Two’s operating expenses anticipated at around US$867.7 million.
Besides the financials, the market, and consumers, will wait with bated breath for any commentary around the upcoming pipe of games – especially in the Grand Theft Auto franchise.