Madison Square Garden Q4 EPS $(0.47) Beats $(0.59) Estimate, Sales $147.94M Beat $140.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Madison Square Garden (NYSE:MSGE) reported Q4 losses of $(0.47) per share, beating the analyst consensus estimate of $(0.59) by 20.34%. This is a 75.13% increase over losses from the same period last year. The company also reported quarterly sales of $147.94 million, beating the analyst consensus estimate of $140.04 million by 5.64%. However, this is a 67.38% decrease over sales from the same period last year.
August 18, 2023 | 11:32 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Madison Square Garden's Q4 results beat analyst estimates, but sales are down significantly YoY.
While Madison Square Garden beat analyst estimates for Q4, the significant YoY decrease in sales could potentially concern investors, leading to a neutral short term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100