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SPHR — Sphere Entertainment News Story

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Sphere Entertainment Co reports results for the quarter ended June 30 - Earnings Summary

Sphere Entertainment Co reports results for the quarter ended June 30 - Earnings Summary
  • Sphere Entertainment Co SPHR.N reported a quarterly adjusted loss of $1.07​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $3.38. The mean expectation of nine analysts for the quarter was for a loss of $1.50 per share. Wall Street expected results to range from $-1.82 to $-1.26 per share.

  • Revenue rose 11% to $313.64 million from a year ago; analysts expected $300.04 million.

  • Sphere Entertainment Co's reported EPS for the quarter was a loss of $1.07​.

  • The company reported a quarterly loss of $38.79 million.

  • Sphere Entertainment Co shares had fallen by 19.0% this quarter and gained 47.4% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 55.3% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"

  • Wall Street's median 12-month price target for Sphere Entertainment Co is $175.00, about 19.9% above its last closing price of $140.17

This summary was machine generated from LSEG data July 30 at 06:16 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

-1.50

-1.07

Beat

Mar. 31 2026

-0.54

-0.04

Beat

Dec. 31 2025

-0.21

1.23

Beat

Sep. 30 2025

-1.75

-0.99

Beat

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