Madison Square Garden Sports Corp expected to post earnings of $1.75 a share - Earnings Preview

MSG Knickerbockers

01/05/2023 17:26

* Madison Square Garden Sports Corp  MSGS.N   MSGS.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The New York City-based  company is expected to report  a
9.4% increase in revenue to $369.452 million from $337.77
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 $1.75 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 $228.5​, above​ its last closing price
of $200.50. ​​​

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 2022  1.33        1.36       0.84      Missed  -38.1
 Sep. 30 2022  -1.14       -1.15      -0.73     Beat    36.7
 Jun. 30 2022  -0.34       -0.39      1.09      Beat    376.3​
 Mar. 31 2022  1.59        1.59       1.00      Missed  -37
 ​​Dec.        1.02        1.08       0.65      Missed  -39.7
 31 2021                                                
 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
 This summary was machine generated May 1 at 16:26 GMT.  All
figures in US dollars  unless otherwise stated