Madison Square Garden's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Madison Square Garden (NYSE:MSGE) is set to release its latest quarterly earnings report on Tuesday, 2023-11-07. Analysts estimate an earnings per share (EPS) of $-0.48. The company's stock performance has been generally negative over the last 52-week period, with shares down 1.06%. Last quarter, the company beat EPS by $0.12, which was followed by a 0.0% drop in the share price the next day.
November 06, 2023 | 7:01 pm
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NEGATIVE IMPACT
Madison Square Garden is expected to report an EPS of $-0.48 in its upcoming earnings report. The company's shares have been on a downward trend, decreasing by 1.06% over the last 52 weeks.
The company's expected negative EPS and the general negative trend in its stock performance could potentially lead to a decrease in its stock price in the short term. Last quarter, despite beating the EPS estimate, the share price dropped the next day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100