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

MSG Knickerbockers

18/08/2022 13:48

* Madison Square Garden Sports Corp  MSGS.N  reported
quarterly
adjusted earnings of $1.09​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for a loss of 39 cents per share.
    * Revenue rose 19.3% to $175.21 million from a year ago;
analysts
expected $100.37 million. 
    * Madison Square Garden Sports Corp's reported EPS for the
quarter
was $1.11​.
    * The mean earnings estimate of analysts had risen by
about 53.2%
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 risen by 6.7%
this
quarter and lost 7.2% so far this year.
    * The company reported quarterly net income of $27.19
million.
    * Wall Street's median 12-month price target for Madison
Square
Garden Sports Corp is $230.00 
    * 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 August 18
at 12:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.39          1.09           Beat
 Mar. 31 2022      1.59           1.00           Missed
 Dec. 31 2021      1.08           0.65           Missed
 Sep. 30 2021      -1.14          -0.68          Beat