Atlanta Braves Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Atlanta Braves Holdings Inc BATRA.OQ reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 30 cents to 34 cents per share.

• Revenue rose 10.5% to $312.44 million from a year ago; analysts expected $291.10 million.

• Atlanta Braves Holdings Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $29.49 million.

• Atlanta Braves Holdings Inc shares had fallen by 3.8% this quarter and gained 16.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.8% 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 2 "strong buy" or "buy," no "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 Atlanta Braves Holdings Inc is $61.50, about 23% above its last closing price of $47.34

This summary was machine generated from LSEG data August 8 at 01:33 a.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)