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Madison Square Garden: Q4 Earnings Insights

Madison Square Garden (NYSE:MSGE) reported its Q4 earnings results on Friday, August 19, 2022 at 07:30 AM. Here's what investors need to know about the announcement.
byBenzinga Insights
August 19, 2022
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Madison Square Garden (NYSE:MSGE) reported its Q4 earnings results on Friday, August 19, 2022 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Madison Square Garden missed estimated earnings by 250.0%, reporting an EPS of $-1.89 versus an estimate of $-0.54.

Revenue was up $353.76 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.41 which was followed by a 1.27% drop in the share price the next day.

Here’s a look at Madison Square Garden’s past performance:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.04 1 -1.14 -3.31
EPS Actual -0.37 0.07 -2.55 -4.87
Revenue Estimate 441.64M 538.98M 281.24M 60.20M
Revenue Actual 460.13M 516.44M 294.51M 99.78M

To track all earnings releases for Madison Square Garden visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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