Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Madison Square Garden Entertainment Corp. (MSGE)
NYSE:MSGE
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.28Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 0.33%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook driven by record revenue from the Christmas Spectacular and strong demand for in-person events despite facing tough comparisons in concert bookings and higher expenses. The company is optimistic about future growth in bookings and continues to return capital to shareholders.Company Guidance
During the fiscal 2025 second quarter earnings call for Madison Square Garden Entertainment Corp., the company reported strong financial and operational performance. Revenues reached $407 million, with an adjusted operating income of $164 million, driven largely by the success of the Christmas Spectacular, which generated over $170 million in revenue. The production saw a record sell-through rate in 25 years, with 1.1 million tickets sold across 200 performances, marking a significant increase from the previous year. The company also hosted 440 live events across its venues, welcoming nearly 2.7 million guests, and continued to experience robust demand for concerts and sporting events, despite fewer concerts compared to the previous year. Additionally, MSG Entertainment resumed its stock buyback program, repurchasing $25 million of Class A common stock. The company remains on track to achieve mid to high single-digit AOI growth for the fiscal year, bolstered by strong consumer demand and strategic pricing initiatives.Record Revenue from Christmas Spectacular
The Christmas Spectacular achieved over $170 million in total revenue, a new record for the production, driven by robust ticket demand and the show's strongest sell-through rate in 25 years.
Strong In-Person Event Demand
Hosted nearly 2.7 million guests at more than 440 live events, with strong per cap spending on food, beverage, and merchandise at record levels.
Positive Momentum for Knicks and Rangers
Positive momentum in economic arrangements with Knicks and Rangers, with three additional home games played in the quarter compared to the prior year.
AOI Growth and Share Repurchase
Adjusted Operating Income (AOI) increased by 2%, and the company repurchased $25 million of Class A common stock, with $85 million remaining under the buyback authorization.
Encouraging Bookings Outlook for Fiscal 2026
Pacing up for the first quarter of fiscal 2026 in concert bookings at the Garden, driven by a diverse set of acts.
New Sponsorship Deals
Announced new multiyear sponsorship deals with Lenovo, Motorola, and others, enhancing marketing partnerships.
---
Madison Square Garden Entertainment Corp. (MSGE) Earnings, Revenues Date & History
MSGE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MSGE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $35.87 | $35.75 | -0.33% |
| Nov 08, 2024 | $43.08 | $39.15 | -9.12% |
| Aug 16, 2024 | $38.66 | $40.50 | +4.76% |
| May 09, 2024 | $39.88 | $36.89 | -7.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Madison Square Garden Entertainment Corp. (MSGE) report earnings?
Madison Square Garden Entertainment Corp. (MSGE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Madison Square Garden Entertainment Corp. (MSGE) earnings time?
Madison Square Garden Entertainment Corp. (MSGE) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MSGE EPS forecast?
MSGE EPS forecast for the fiscal quarter 2025 (Q3) is 0.28.
---