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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.
Shares of Madison Square Garden Entertainment Corp MSGE climbed in early trading on Wednesday.
NEW YORK , May 2, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Thursday, May 9, 2024 at 10:00 a.m. Eastern Time.
Here is how Madison Square Garden Entertainment (MSGE) and Rush Street Interactive, Inc. (RSI) have performed compared to their sector so far this year.
Media Conglomerates like Disney (DIS), Paramount Global (PARA) and Madison Square Garden Entertainment (MSGE) are gaining from the rising demand for high-speed Internet and increased media consumption.
Following its separation from Madison Square Garden Entertainment Corp (NYSE: MSGE) in April 2023, Sphere Entertainment (NYSE: SPHR) appears to be thriving, with its stock surging by over 50% since the beginning of 2024.