Madison Square Garden Sports Corp expected to post a loss of $1.13 a share - Earnings Preview

MSG Knickerbockers

25/10/2022 19:36

* Madison Square Garden Sports Corp  MSGS.N   MSGS.K  is
expected
to show a rise in quarterly revenue when it reports  results on
October 27. 
    * The New York City-based  company is expected to report  a
6.3% increase in revenue to $19.971 million from $18.79 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Madison Square
Garden
Sports Corp is for a loss of $1.13 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Madison
Square
Garden Sports Corp is $222.5​, above​ its last closing price
of $152.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.34       -0.39      1.09      Beat    376.3
 Mar. 31 2022  1.59        1.59       1.00      Missed  -37
 Dec. 31 2021  1.02        1.08       0.65      Missed  -39.7​
 Sep. 30 2021  -0.91       -1.14      -0.68     Beat    40.3
 ​​Jun.        -0.78       -0.76      2.03      Beat    366.9
 30 2021                                                
 Mar. 31 2021  -1.83       -1.65      0.22      Beat    113.3​
 Dec. 31 2020  -1.55       -1.67      -1.68     Missed  -0.8
 Sep. 30 2020  -0.31       -0.64      -1.18     Missed  -84.5
 This summary was machine generated October 25 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated