Madison Square Garden (MSG) Tops Q2 EPS by $1.30, Revenues Miss

Madison Square Garden (NYSE: MSG) reported Q2 EPS of $3.93, $1.30 better than the analyst estimate of $2.63. Revenue for the quarter came in at $628.8 million versus the consensus estimate of $635.93 million.

Executive Chairman and CEO James L. Dolan said, “We are making significant progress in readying our Company for its next chapter as the proposed spin-off of our Entertainment business nears completion and MSG Sphere in Las Vegas continues to take shape. We remain confident that the execution of these strategic priorities, coupled with the ongoing strength of our underlying businesses, will set the stage for continued growth and long-term value creation for our shareholders.”

For earnings history and earnings-related data on Madison Square Garden (MSG) click here.

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