Take-Two Reports After the Close (TTWO)

Take-Two Interactive (NASDAQ:TTWO) is due to report earnings after the bell closes today, the Street is looking for the company post a loss of 8 cents per share for Q3 2010.

Take-Two shares have had a nice 6.7% bounce since Tuesday, but can it keep the momentum going? TTWO shares are trading at $8.70 today, up 1.58% or 14 cents, its shares have ranged from $7 to $12.57 over the past 12 months.

Take-Two Interactive Software (TTWO) is scheduled to release its fiscal Q3 2010 earnings after the closing bell today (Sept 2nd) at 4:30 PM -- here is a link to the company's webcast, its scheduled for one hour.

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The Street expects the company to post a loss of 9 cents a share on revenue of $294.67 million. In the year ago period, Take-Two posted a loss of 66 cents per share on revenue of $138.56 million.

This week Take-Two's crime drama, Mafia 2, debuted at the top of the UK charts last week, with Chart-Track calling it "the biggest UK game launch since Take-Two's very own Red Dead Redemption (RDR) 14 weeks ago." Though it's an impressive start, we've yet to see how the game fares in the United States, and whether sales have the stamina to recoup the costs of a lengthy development. 

We'll see how much of an impact RDR had on Take-Two during Q3 on today's call, its sold over 5 million copies and there's hope this revised franchised can help the company shake the one-trick-pony GTA label.

TTWO CHART FUN