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