Madison Square Garden Entertainment (MSGE) Misses Q2 EPS by $1.20, Revenues Beat

Madison Square Garden Entertainment (NYSE: MSGE) reported Q2 EPS of ($5.17), $1.20 worse than the analyst estimate of ($3.97). Revenue for the quarter came in at $23.14 million versus the consensus estimate of $19.52 million.

Executive Chairman and CEO James L. Dolan said, “We are excited by the start of live entertainment returning to New York, with Governor Cuomo’s decision to re-open indoor dining in New York City and arenas across the state, both at limited capacities. We believe this represents another important step on the road to a full and safe re-opening of our venues and a return to normal operations. We know there continues to be significant pent-up demand for live entertainment and we remain confident in the strength of our business and the long-term outlook for our Company.”

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

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