Atlanta Braves Q3 revenue rises on higher season ticket rates

Atlanta Braves Holdings

04/11/2026 13:11

Overview
MLB franchise's Q3 revenue rose 4% yr/yr, led by higher baseball event and rental income
Operating income fell sharply due to higher player salaries and increased operating expenses
Adjusted OIBDA dropped 40% yr/yr, mainly from increased player salaries

Outlook
Company did not provide specific financial guidance for the current or upcoming periods in the press release

Result Drivers
EVENT REVENUE & ATTENDANCE - Higher season ticket rates, increased attendance, more home games and strong single-game ticket sales boosted baseball event revenue
RETAIL & LICENSING - Growth in retail and licensing revenue driven by City Connect apparel launch, higher league-wide revenue and postseason home games
RENTAL INCOME - Mixed-Use Development revenue rose on increased rental income from tenant recoveries and new leases

Company press release: ID:nBw8BxDj0a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Baseball Revenue
 
$295.54 mln
 
Q3 EPS
 
$0.15
 
Q3 Adjusted OIBDA
 
$40.58 mln
 
Q3 Operating Income
 
$8.67 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Atlanta Braves Holdings, Inc. is $73.00, about 29.4% above its November 3 closing price of $56.41

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)