Endeavor Group Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Endeavor group

07/11/2024 17:25

* Endeavor Group Holdings Inc  EDR.N  reported a quarterly
adjusted loss of 54 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 34 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 44 cents per
share. Wall Street expected results to range from -1 cents to 86
cents per share.
    * Revenue rose 51.1% to $2.03 billion from a year ago;
analysts
expected $2.12 billion. 
    * Endeavor Group Holdings Inc's reported EPS for the quarter
was a
loss of 86 cents​.
    * The company reported a quarterly loss of $264.67 million.
    * Endeavor Group Holdings Inc shares had risen by 1.6% this
quarter and gained 22.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 117.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 November 7 at
05:25 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
 Sep. 30 2024      0.44           -0.54          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