* Madison Square Garden Sports Corp reported a quarterly adjusted loss of 31 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -79 cents. The mean expectation of five analysts for the quarter was for a loss of 86 cents per share. Wall Street expected results to range from $-1.08 to -49 cents per share.
* Revenue rose 23.8% to $53.31 million from a year ago; analysts expected $43.67 million.
* Madison Square Garden Sports Corp's reported EPS for the quarter was a loss of 31 cents.
* The company reported a quarterly loss of $7.54 million.
* Madison Square Garden Sports Corp shares had risen by 6.9% this quarter and gained 22.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 37% 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," 2 "hold" and no "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 Madison Square Garden Sports Corp is $235.00 This summary was machine generated from LSEG data November 1 at 02:25 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
Sep. 30 2024 -0.86 -0.31 Beat
Jun. 30 2024 0.38 1.06 Beat
Mar. 31 2024 2.28 1.57 Missed
Dec. 31 2023 0.55 0.59 Beat
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