Atlanta Braves Holdings Inc reports results for the quarter ended in June - Earnings Summary

Atlanta Braves Holdings

08/08/2024 18:50

* Atlanta Braves Holdings Inc  BATRA.OQ  reported quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in June, higher than the same quarter last year, when the
company reported EPS of -47 cents.  The lone analyst forecast
for the quarter was for earnings of 32 cents per share. 
    * Revenue rose 4.8% to $282.88 million from a year ago;
analysts
expected $285.85 million. 
    * Atlanta Braves Holdings Inc's reported EPS for the quarter
was
46 cents​.
    * The company reported quarterly net income of $29.11
million.
    * Atlanta Braves Holdings Inc shares had risen by 6.3% this
quarter and gained 2.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Atlanta Braves
Holdings Inc is $56.00 
This summary was machine generated from LSEG data August 8 at
05:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.32           0.46           Beat
 Mar. 31 2024      -0.58          -0.83          Missed
                                  -0.52          
 Sep. 30 2023      0.32           -0.10          Missed