Madison Square Garden Sports Corp. reports results for the quarter ended June 30 - Earnings Summary
Madison Square Garden Sports Corp. reports results for the quarter ended June 30 - Earnings Summary
Madison Square Garden Sports Corp. MSGS.N reported quarterly adjusted earnings of $1.16 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 24 cents to 87 cents per share.
Revenue rose 36.7% to $278.75 million from a year ago; analysts expected $221.26 million.
Madison Square Garden Sports Corp.'s reported EPS for the quarter was $1.16.
The company reported quarterly net income of $28.3 million.
Madison Square Garden Sports Corp. shares had risen by 3.1% this quarter and gained 60.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 166.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"
Wall Street's median 12-month price target for Madison Square Garden Sports Corp. is $432.50, about 4.2% above its last closing price of $414.12
This summary was machine generated from LSEG data August 13 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.61 | 1.16 | Beat |
Mar. 31 2026 | 0.56 | -0.78 | Missed |
Dec. 31 2025 | 0.52 | 0.34 | Missed |
Sep. 30 2025 | -0.84 | -0.37 | Beat |
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