![]() The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. VFC is set to report its fourth-quarter 2023 fiscal results on May 23. Corporation’s shares have declined 22.9% year to date. Corporation ( VFC Quick Quote VFC - Free Report) has an Earnings ESP of +3.70% and a Zacks Rank of 3, at present. BOWL is set to report its third-quarter fiscal 2023 results on May 17. BJ is set to report its first-quarter 2023 results on May 23.īowlero ( BOWL Quick Quote BOWL - Free Report) currently has an Earnings ESP of +9.02% and a Zacks Rank #3.īowlero’s shares have declined 3.2% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.īJ’s Wholesale shares have gained 7% year to date. Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:īJ’s Wholesale Club ( BJ Quick Quote BJ - Free Report) has an Earnings ESP of +4.19% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. TTWO currently has an Earnings ESP of -6.30% and a Zacks Rank #3. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. The company is continuously investing in product development and advertisement to win market share, which is expected to have kept margins under pressure in the to-be-reported quarter. In the fiscal third quarter, operating expenses surged 123% year over year to $889 million. However, rising operating costs are a concern for the company. The combination offers a unique balance of hyper-casual experiences that also prioritize long-term player retention rates. Take-Two’s acquisition of Popcore is expected to have strengthened its leadership among hyper-casual publishers with respect to downloads and revenues in the to-be-reported quarter. It enables Take Two to achieve powerful synergies featuring new title releases, top-class portfolio of PC and console games and the execution of cost-saving initiatives, thereby contributing to the top line. The acquisition of Zynga is highly accretive to Take-Two’s business. The strong adoption of NBA 2K23 and Grand Theft Auto V is expected to have continued in the fiscal fourth quarter.ĭuring the to-be-reported quarter, the company released Kerbal Space Program 2 (early access) and WWE 2K23 under its franchise that is likely to have bolstered its game pipeline and driven the top line. Take-Two’s fiscal fourth-quarter revenues are expected to have benefited from the solid demand for its popular franchises, including Grand Theft Auto (GTA), Red Dead Redemption, NBA 2K and WWE 2K23. TTWO delivered a trailing four-quarter earnings surprise of -3.90% on average. Take-Two’s earnings beat the Zacks Consensus Estimate in two of the last four quarters, missing twice. ![]() price-eps-surprise | Take-Two Interactive Software, Inc.
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