PREVIEW: Take-Two falls as investors eye GTA VI delay

Take-Two Interactive TTWO.O shares dipping 1.8% on Thurs ahead of qtrly results after the bell, with investors focused on impact from "Grand Theft Auto VI" delay
Analysts expect qtrly rev up ~8% to $1.31 bln, adj EPS seen at $0.28 vs $0.05 yr-ago, per LSEG

TTWO in May pushed the release of "Grand Theft Auto VI" to May 2026; previously slated for late 2025 launch. GTA franchise is crown jewel of TTWO's portfolio

TTWO stock up about ~21.5% YTD, outperforming Nasdaq .IXIC which is up ~10%

TTWO is down ~7% from its record high close on June 24

Stock recently at 43x expected earnings, well above five-year avg forward PE of 28