Madison Square Garden Sports Corp expected to post a loss of 86 cents a share - Earnings Preview

MSG Knickerbockers

29/10/2024 13:58

* Madison Square Garden Sports Corp  MSGS.N   MSGS.K  is
expected
to show a rise in quarterly revenue when it reports  results on
November 1 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
1.5% increase in revenue to $43.671 million from $43.05 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Madison Square Garden
Sports
Corp is for a loss of 86 cents 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 235.00​, above​ its last closing price
of $222.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.24        0.38       1.06      Beat    -31.1
 Mar. 31 2024  2.13        2.28       1.57      Missed  -31.1
 Dec. 31 2023  0.56        0.55       0.59      Beat    8.1​
 Jan. 1 0001   -1.56       -1.51      -0.79     Beat    47.8
 ​​Jun.                    -0.14      -0.39     Missed  -183
 30 2023                                                
 Mar. 31 2023              1.75       2.18      Beat    24.8​
 Jan. 1 0001   1.33        1.36       0.84      Missed  -38.1
 Jan. 1 0001   -1.14       -1.15      -0.73     Beat    36.7
 This summary was machine generated October 29 at 13:58 GMT.  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)