Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
MSG Networks Inc. Common Stock (NYSE:MSGN) announces its next round of earnings this Thursday, May 2. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
MSG Networks EPS is expected to be around 67 cents, according to sell-side analysts. Sales will likely be near $192.24 million.
In the same quarter last year, MSG Networks reported earnings per share of 62 cents on revenue of $186.56 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 8.06 percent. Sales would be up 3.04 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.62 | 0.62 | 0.57 | 0.63 |
| EPS Actual | 0.58 | 0.62 | 0.6 | 0.62 |
Stock Performance
Shares of MSG Networks were trading at $23.03 as of April 30. Over the last 52-week period, shares are up 6.62 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on MSG Networks stock is a Neutral. The strength of this rating has risen over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.