Sphere Entertainment Co reports results for the quarter ended December 31 - Earnings Summary

Sphere Entertainment

03/03/2025 15:48

Sphere Entertainment Co SPHR.N reported a quarterly adjusted loss of $3.49​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-4.91.  The mean expectation of six analysts for the quarter was for a loss of $2.43 per share. Wall Street expected results to range from $-3.42 to $-1.73 per share.

Revenue fell 1.9% to $308.29 million from a year ago; analysts expected $288.93 million.

Sphere Entertainment Co's reported EPS for the quarter was a loss of $3.49​.

The company reported a quarterly loss of $125.95 million.

Sphere Entertainment Co shares had risen by 8.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the entertainment production peer group is also "buy"

Wall Street's median 12-month price target for Sphere Entertainment Co is $45.00

This summary was machine generated from LSEG data March 3 at 03:48 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
Dec. 31 2024
-2.43
-3.49
Missed
Sep. 30 2024
-2.76
-2.95
Missed
Jun. 30 2024
-2.04
-1.31
Beat
Mar. 31 2024
-0.19
-1.33
Missed