Endeavor Group Holdings Inc reports results for the quarter ended in June - Earnings Summary

Endeavor group

08/08/2024 16:55

* Endeavor Group Holdings Inc  EDR.N  reported quarterly
adjusted
earnings of $1.12​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of $1.39.  The mean expectation of nine analysts for the
quarter was for earnings of 51 cents per share. Wall Street
expected results to range from 31 cents to 73 cents per share.
    * Revenue rose 21.9% to $1.75 billion from a year ago;
analysts
expected $1.90 billion. 
    * Endeavor Group Holdings Inc's reported EPS for the quarter
was
70 cents​.
    * The company reported quarterly net income of $214.52
million.
    * Endeavor Group Holdings Inc shares had risen by 0.6% this
quarter and gained 14.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.2%
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the entertainment
production peer group is also "hold"

Wall Street's median 12-month price target for Endeavor Group
Holdings Inc is $27.50 
This summary was machine generated from LSEG data August 8 at
03:55 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      0.51           1.12           Beat
 Mar. 31 2024      0.23           1.33           Beat
 Dec. 31 2023      0.16           0.06           Missed
 Sep. 30 2023      0.29           0.34           Beat