Grand Theft Auto 6 news may be on the horizon, with unusual timing for Take-Two Interactive's upcoming earnings report fueling speculation. The publisher, owned by Rockstar Games, is scheduled to release its financial results on August 7. However, instead of the usual post-market close announcement at 4 PM ET, the report is set for release before the market opens at 9:30 AM ET. The fact that this announcement is also falling on a Friday has further contributed to the industry buzz.
One prevailing theory among stock analysts, including Alec Boccanfuso, portfolio manager at Gabelli Funds, suggests this unconventional timing could be a deliberate move to allow investors to process a major announcement before the financial details are revealed. This could potentially involve significant news regarding the highly anticipated Grand Theft Auto 6.
This potential pre-earnings announcement aligns with reports indicating that the next trailer for Grand Theft Auto 6 could be released as early as Thursday, August 6. Take-Two CEO Strauss Zelnick has previously stated that a marketing campaign for Grand Theft Auto 6 would commence this summer, lending further credence to the possibility of an imminent announcement.
Grand Theft Auto 6 is slated for release on November 19 for PlayStation 5 and Xbox Series X|S. Expectations for the game are exceptionally high. Analysts like Nick McKay of Freedom Capital Markets project that Grand Theft Auto 6 could achieve sales of 30 million copies within its first three months. McKay noted that the Grand Theft Auto franchise has grown considerably since Grand Theft Auto 5's launch in 2013, suggesting that the pent-up demand for the new installment will be substantially greater.
In separate commentary, Bruce Straley, a co-director on The Last of Us, recently expressed uncertainty about his personal interest in Grand Theft Auto 6. Straley prompted his audience to share their excitement for the game, which garnered a significant number of responses.