Sphere Entertainment (SPHR) Reports Q1 Loss, Lags Revenue Estimates
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Sphere Entertainment (SPHR) reported a Q1 loss of $2.95 per share, which was better than the Zacks Consensus Estimate of a $3.32 loss. However, this is a decline from last year's earnings of $1.90 per share.
November 12, 2024 | 3:15 pm
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Sphere Entertainment reported a Q1 loss of $2.95 per share, better than expected but a decline from last year's earnings. This mixed result may lead to short-term stock price volatility.
The reported loss was better than the consensus estimate, which is a positive sign, but the decline from last year's earnings could concern investors. This mixed result may cause short-term volatility in SPHR's stock price.
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