EDR Stock Recent News

BofA Securities analysts view Endeavor Group holdings Inc (EDR) as an “Entourage” of highly attractive assets that each, individually, have exposure to favorable secular tailwinds within the Media and Entertainment industry.  In an update to clients, they noted that Endeavor will own 51% of the proposed merger between UFC and WWE, which will be named TKO Holdings Group, and they believe there is a significant disconnect between the value public markets are ascribing to EDR's asset base compared to what public/private transactions would suggest EDR's assets are worth.

In the vibrant realm of media stocks, the quest for undervalued entertainment stocks has never been more enticing. The entertainment industry has showcased remarkable resilience post-pandemic, promising a rosy growth phase for the sector.

Endeavor Group Holdings, Inc. (NYSE:EDR ) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants James Marsh - IR Ari Emanuel - CEO Jason Lublin - CFO Mark Shapiro - President and COO Conference Call Participants John Hodulik - UBS Ben Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Stephen Laszczyk - Goldman Sachs Jessica Reif Ehrlich - Bank of America Securities David Joyce - Seaport Global Tom Champion - Piper Sandler Operator Good afternoon. Thank you for attending the Endeavor Group Holdings Second Quarter 2023 Earnings Call.

The headline numbers for Endeavor (EDR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Endeavor Group Holdings conceded its representation business took a hit from the WGA strike in the second quarter, but the company reported overall results ahead of Wall Street expectations. All four divisions of the company showed positive momentum in the quarter, as total revenue climbed 9% to $1.

WWE set viewership records last quarter as revenue jumped 25% and the company's planned merger with Endeavor's UFC announced in April remains on track to close in the second half of 2023. Media sales jumped more than 30% to $320 million, revenue from live events surged 50% to $62 million.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (“Endeavor”), a global sports and entertainment company, will release its second quarter 2023 results after market hours on Tuesday, August 8, 2023. The live teleconference to discuss these results and provide a business update is scheduled for 2 p.m. PT / 5 p.m. ET the same day. The earnings release and the live call will be accessible via Endeavor's IR site – investor.endeavorco.com. A recording of the teleconference will a.

Tony Khan, CEO of All-Elite Wrestling, says his company has been "on a really hot run of great shows" and the focus is still on wrestling and fans.

UFC owner Endeavor and WWE aim to create a sports entertainment giant valued at more than $20 billion.

Endeavor Group Holdings, Inc. (NYSE:EDR ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants James Marsh - IR Ari Emanuel - CEO Jason Lublin - CFO Conference Call Participants Ben Swinburne - Morgan Stanley Stephen Laszczyk - Goldman Sachs Doug Mitchelson - Credit Suisse Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America Tom Champion - Piper Sandler David Karnovsky - JPMorgan David Joyce - Seaport Research Partners Operator Good afternoon, and thank you for joining the Endeavor First Quarter 2023 Results. My name is Kate, and I will be the moderator for today's call [Operator Instructions].