Madison Square Garden Sports Corp expected to post earnings of $1.59 a share - Earnings Preview

MSG Knickerbockers

29/04/2022 19:35

* Madison Square Garden Sports Corp  MSGS.N   MSGS.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 3 (estimated). 
    * The New York City-based  company is expected to report  a
81.9% increase in revenue to $332.946 million from $183.01
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Madison Square
Garden
Sports Corp is for earnings of $1.59 per share. For the same
quarter last year, the company reported earnings of 22 cents 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 $238​, above​ its last closing price
of $166.03. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  -0.78       -0.76      2.03      Beat    366.9​
 Mar. 31 2021  -1.83       -1.65      0.22      Beat    113.3
 ​​Dec.        -1.55       -1.67      -1.68     Missed  -0.8
 31 2020                                                
 Sep. 30 2020  -0.31       -0.64      -1.18     Missed  -84.5​
 Jun. 30 2020  -2.41       -2.03      -3.27     Missed  -61.3
 Mar. 31 2020  0.76        0.70       -0.66     Missed  -194.3
 This summary was machine generated April 29 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated