MSGE Stock Recent News

Madison Square Garden's recently inked partnership with Lenovo is expected to boost engagement with small businesses.

Does Madison Square Garden Entertainment (MSGE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.

MSGE benefits from strong demand for live events in popular US venues. Robust demand indicators include stable event bookings, strong ticket sales, and positive sponsorship traction. I believe MSGE should trade at a premium to other entertainment peers because of the better demand outlook.

Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q4 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Henderson - Bank of America Stephen Laszczyk - Goldman Sachs Cameron Mansson-Perrone - Morgan Stanley Brandon Ross - LightShed David Karnovsky - JP Morgan Peter Supino - Wolfe Research Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Fiscal 2024 Fourth Quarter and Year End Earnings Conference Call.

Shares of Madison Square Garden Entertainment (MSGE) hit an all-time high Friday as the New York-based company reported a surprise fourth-quarter profit on higher revenue from events and purchases by fans of the city's sports teams.

Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of a loss of $0.57 per share. This compares to loss of $0.47 per share a year ago.

Fiscal 2024 Revenues of $959.3 Million, up 13% Versus Prior Year and Above High-End of Guidance Range(1) Fiscal 2024 Operating Income of $111.9 Million and AOI of $211.5 Million, Both Above High-End of Guidance Range(1)(2) NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2024. Fiscal 2024 marked the first full year of operations for MSG Entertainment as a standalone public company.

Madison Square Garden Entertainment Corp. MSGE is expected to release earnings results for its fiscal fourth quarter, before the opening bell on Friday, Aug. 16.

NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2024 on Friday, August 16, 2024 at 8:30 a.m. Eastern Time.