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

MSG Knickerbockers

17/08/2023 14:33

* Madison Square Garden Sports Corp  MSGS.N  reported a
quarterly
adjusted loss of 39 cents​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for a loss of 14 cents per share.
    * Revenue fell 27.6% to $126.92 million from a year ago;
analysts
expected $123.77 million. 
    * Madison Square Garden Sports Corp's reported EPS for the
quarter
was a loss of 39 cents​.
    * The mean earnings estimate of analysts had risen by
about 78% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Madison Square Garden Sports Corp shares had risen by 9.3%
this
quarter and gained 12.2% so far this year.
    * The company reported a quarterly loss of $9.26 million.
    * Wall Street's median 12-month price target for Madison
Square
Garden Sports Corp is $251.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 17 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          -0.39          Missed
 Mar. 31 2023      1.75           2.18           Beat
 Dec. 31 2022      1.36           0.84           Missed
 Sep. 30 2022      -1.15          -0.73          Beat