MSG Networks Inc. Reports Fiscal 2017 Third Quarter Results

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MSG Networks (MSGN) PT Raised to $22 at Jefferies; Reiterates Hold

May 8, 2017 8:25 AM EDT

Jefferies raised its price target on MSG Networks (NYSE: MSGN) to $22.00 (from $20.00) while maintaining a Hold rating. MSGN reported 3Q revenue and AOI of $183M and $88M, both in line with estimates as affiliate growth was slightly stronger than expected, but... More

MSG Networks Inc. (MSGN) Misses Q3 EPS by 2c

May 5, 2017 7:32 AM EDT

MSG Networks Inc. (NYSE: MSGN) reported Q3 EPS of $0.58, $0.02 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $183.2 million versus the consensus estimate of $183.7 million.

President and CEO Andrea Greenberg said, "For our fiscal third quarter, MSG Networks exclusive live content and... More