MSG Networks Inc. Reports Fiscal 2020 Second Quarter Results

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MSG Networks (MSGN) PT Lowered to $13 at Guggenheim

February 4, 2020 3:49 PM EST

Guggenheim analyst Michael Morris lowered the price target on MSG Networks (NYSE: MSGN) to $13.00 (from $15.00) while maintaining a Sell rating.

The analyst commented, "MSGN announced two affiliate renewals noting rate increases, packaging and other protections consistent with goals. At the same time, the company... More

MSG Networks Inc. (MSGN) Misses Q2 EPS by 6c, Revenues Miss

February 4, 2020 7:39 AM EST

MSG Networks Inc. (NYSE: MSGN) reported Q2 EPS of $0.66, $0.06 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $187.73 million versus the consensus estimate of $188.32 million.

President and CEO Andrea Greenberg said, "During our fiscal second quarter, we secured important... More