Madison Square Garden Sports Corp expected to post a loss of $1.51 a share - Earnings Preview

MSG Knickerbockers

23/10/2023 17:45

* Madison Square Garden Sports Corp  MSGS.N   MSGS.K  is
expected
to show a rise in quarterly revenue when it reports  results on
October 25 (estimated). 
    * The New York City-based  company is expected to report  a
3.2% increase in revenue to $24.849 million from $24.09 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 $1.51 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $240.5​, above​ its last closing price
of $172.71. ​​​

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 2023  -0.11       -0.14      -0.39     Missed  -183
 Mar. 31 2023  1.10        1.75       2.18      Beat    24.8
 Dec. 31 2022  1.33        1.36       0.84      Missed  -38.1​
 Sep. 30 2022  -1.14       -1.15      -0.73     Beat    36.7
 ​​Jun.        -0.34       -0.39      1.09      Beat    376.3
 30 2022                                                
 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
 This summary was machine generated October 23 at 16:45 GMT.  All
figures in US dollars  unless otherwise stated