Madison Square Garden Entertainment (NYSE:MSGE) Releases Quarterly Earnings Results, Beats Expectations By $0.24 EPS
Revenue rose 37% as concert demand, including Harry Styles' sold-out residency, lifted food, beverage and merchandise sales, the company said.
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Madison Square Garden Entertainment (NYSE:MSGE) Releases Quarterly Earnings Results, Beats Expectations By $0.24 EPS
Madison Square Garden Entertainment (NYSE:MSGE - Get Free Report) released its earnings results on Wednesday. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.24. Madison Square Garden Entertainment had a net margin of 6.24% and a return on equity of 480.83%. The business had revenue of $217.13 million for the quarter, compared to the consensus estimate of $208.11 million. During the …
Harry Styles Helps Madison Square Garden Entertainment Revenue Surge 37%
Call it a watermelon sugar high. Madison Square Garden Entertainment (MSGE) reported on Wednesday (Nov. 4) that its fiscal first quarter revenue surged 37% to $217 million, boosted by an additional $30 million from concerts, including Harry Styles’ record-setting sold-out residency at the company’s namesake theater. Related Q3 Music Earnings…
MSG Entertainment: Fiscal Q1 Earnings Snapshot – WTOP News
NEW YORK (AP) — NEW YORK (AP) — Madison Square Garden Entertainment Corp. (MSGE) on Wednesday reported fiscal first-quarter earnings of $8.9 million. On a per-share basis, the New York-based company said it had profit of 19 cents. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research...
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