Sphere Entertainment Q4 Sales $273.400M Beat $271.315M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sphere Entertainment (NYSE:SPHR) reported Q4 sales of $273.4 million, beating the analyst consensus estimate of $271.315 million by 0.77%. This represents a 111.77% increase over the same period last year.
August 14, 2024 | 11:32 am
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Sphere Entertainment (NYSE:SPHR) reported Q4 sales of $273.4 million, surpassing the analyst consensus estimate of $271.315 million by 0.77%. This marks a significant 111.77% increase compared to the same period last year.
The company's ability to exceed sales estimates and achieve a substantial year-over-year increase in sales is a positive indicator of its financial health and growth potential. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100