Madison Square Garden Entertainment (MSGE) Misses Q1 EPS by $2.96, Revenues Beat

Madison Square Garden Entertainment (NYSE: MSGE) reported Q1 EPS of ($5.36), $2.96 worse than the analyst estimate of ($2.40). Revenue for the quarter came in at $199.9 million versus the consensus estimate of $156.25 million.

Executive Chairman and CEO James L. Dolan said, “With the MSG Entertainment spin-off complete, we believe we have created a company that will expand on our track record of creating long-term value for shareholders. Our Company has been in the business of bringing people together for decades, and we are confident that we are well-positioned to weather these uncertain times. We believe the public’s innate desire to be part of shared experiences will continue and we look forward to opening our doors for unforgettable events yet to come.”

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

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