Madison Square Garden Sports Corp reports results for the quarter ended December 31 - Earnings Summary

• Madison Square Garden Sports Corp MSGS.N reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of five analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 19 cents to 46 cents per share.

• Revenue rose 9.4% to $357.76 million from a year ago; analysts expected $352.68 million.

• Madison Square Garden Sports Corp's reported EPS for the quarter was 5 cents​.

• The company reported quarterly net income of $1.11 million.

• Madison Square Garden Sports Corp shares had fallen by 3.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 $260.00

This summary was machine generated from LSEG data February 4 at 02:31 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)