Madison Square Garden Sports Corp reports results for the quarter ended in December - Earnings Summary

MSG Knickerbockers

07/02/2023 14:32

* Madison Square Garden Sports Corp  MSGS.N  reported
quarterly
adjusted earnings of 84 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of $1.36 per share.
    * Revenue rose 22.1% to $353.69 million from a year ago;
analysts
expected $314.07 million. 
    * Madison Square Garden Sports Corp's reported EPS for the
quarter
was 84 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Madison Square Garden Sports Corp shares had fallen
by 2.0% this
quarter.
    * The company reported quarterly net income of $22.49
million.
    * Wall Street's median 12-month price target for Madison
Square
Garden Sports Corp is $228.00 
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.36           0.84           Missed
 Sep. 30 2022      -1.15          -0.73          Beat
 Jun. 30 2022      -0.39          1.09           Beat
 Mar. 31 2022      1.59           1.00           Missed