Sphere Entertainment Co expected to post a loss of $2.43 a share - Earnings Preview

Sphere Entertainment

26/02/2025 13:33

Sphere Entertainment Co SPHR.N, SPHR.K is expected to show a fall in quarterly revenue when it reports  results on February 28 for the period ending December 31 2024

The New York City-based  company is expected to report a 8.0% decrease in revenue to $288.929 million from $314.16 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Sphere Entertainment Co is for a loss of $2.43 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Sphere Entertainment Co is $45.00​, above​ its last closing price of $42.38. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-2.88
-2.76
-2.95
Missed
-6.8
Jun. 30 2024
-2.20
-2.04
-1.31
Beat
35.7
Mar. 31 2024
-0.24
-0.19
-1.33
Missed
-596.3​
Dec. 31 2023
-0.86
-0.60
-4.91
Missed
-724.9
​​Sep. 30 2023
-1.91
-2.06
1.98
Beat
196.1
Jun. 30 2023
-0.66
-0.59
15.24
Beat
2,683.1​
Mar. 31 2023
-0.23
-0.14
-1.64
Missed
-1,090.6
Dec. 31 2022
1.15
1.14
1.95
Beat
71

This summary was machine generated February 26 at 13:32 GMT.  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)