Madison Square Garden Sports (NYSE:MSGS) will be announcing its earnings results before the market opens on Wednesday, May 5th. Analysts expect the company to announce earnings of ($1.68) per share for the quarter.
Madison Square Garden Sports (NYSE:MSGS) last posted its quarterly earnings data on Tuesday, February 2nd. The company reported ($1.68) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($1.46) by ($0.22). The business had revenue of $28.77 million for the quarter, compared to analysts’ expectations of $25.24 million. Madison Square Garden Sports’s revenue was down 95.4% on a year-over-year basis. During the same quarter last year, the company earned $3.93 earnings per share. On average, analysts expect Madison Square Garden Sports to post $-6 EPS for the current fiscal year and $1 EPS for the next fiscal year.
MSGS traded down $1.67 during mid-day trading on Tuesday, reaching $183.09. 2,148 shares of the stock were exchanged, compared to its average volume of 223,350. The stock has a market capitalization of $4.42 billion, a PE ratio of -33.96 and a beta of 1.00. The company has a 50 day moving average price of $184.12 and a two-hundred day moving average price of $181.31. Madison Square Garden Sports has a 1 year low of $140.15 and a 1 year high of $207.09.
About Madison Square Garden Sports
Madison Square Garden Sports Corp. operates as a professional sports company. Its portfolio of assets include the New York Knickerbockers of the National Basketball Association (NBA), and the New York Rangers of the National Hockey League; two development league teams, including the Hartford Wolf Pack of the American Hockey League, and the Westchester Knicks of the NBA G League; Knicks Gaming, an esports franchise; and esports teams.
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