Madison Square Garden Entertainment Corp reports results for the quarter ended June 30 - Earnings Summary
Madison Square Garden Entertainment Corp reports results for the quarter ended June 30 - Earnings Summary
Madison Square Garden Entertainment Corp MSGE.N reported a quarterly adjusted loss of 21 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -54 cents. The mean expectation of eight analysts for the quarter was for a loss of 41 cents per share. Wall Street expected results to range from -53 cents to -24 cents per share.
Revenue rose 27.4% to $196.32 million from a year ago; analysts expected $166.62 million.
Madison Square Garden Entertainment Corp's reported EPS for the quarter was a loss of 21 cents.
The company reported a quarterly loss of $9.99 million.
Madison Square Garden Entertainment Corp shares had fallen by 1.9% this quarter and gained 47.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.8% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"
Wall Street's median 12-month price target for Madison Square Garden Entertainment Corp is $80.00, about 0.8% above its last closing price of $79.37
This summary was machine generated from LSEG data August 12 at 12:17 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 2026 | -0.41 | -0.21 | Beat |
Mar. 31 2026 | 0.14 | 0.11 | Missed |
Dec. 31 2025 | 2.33 | 1.96 | Missed |
Sep. 30 2025 | -0.53 | -0.17 | Beat |
Recent news on Madison Square Garden Entertainment
See all newsU.S. RESEARCH ROUNDUP-Cisco, Fox Corp, Target
U.S. RESEARCH ROUNDUP-Airbnb, Five Below, Silgan Holdings
Madison Square Garden Entertainment Corp reports results for the quarter ended June 30 - Earnings Summary
Refile: Madison Square Garden Q4 revenue beats estimates on higher concerts and related income
Brief: Madison Square Garden Entertainment Q4 Revenue USD 196.3 Million Vs. IBES Estimate USD 166.6 Million