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MSGK — MSG Knickerbockers News Story

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Madison Square Garden Sports up after Q4 results beat

BUZZ-Madison Square Garden Sports up after Q4 results beat

** Shares of New York Knicks owner Madison Square Garden Sports MSGS.N up ~3% at $487 premarket

** Co beats Q4 revenue and profit estimates, boosted by Knicks' championship playoff run bringing in more ticket, merchandise and playoff revenue and higher NBA media-rights fees

** Reports Q4 revenues of $278.7 million, beating analysts' estimates of $221.3 million - LSEG data

** Logs quarterly EPS of $1.16, also topping expectations of 59 cents

** As of last close, MSGS up ~24% YTD


(Reporting by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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