Madison Square Garden (NYSE:MSGE) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.
Analysts estimate that Madison Square Garden will report an earnings per share (EPS) of $-0.79.
The announcement from Madison Square Garden is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
The company's EPS missed by $0.01 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at Madison Square Garden's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.52 | 0.17 | 1.91 | -0.48 |
| EPS Actual | -0.53 | 0.06 | 2.59 | -0.73 |
| Price Change % | 5.0% | 1.0% | 3.0% | 2.0% |
Stock Performance
Shares of Madison Square Garden were trading at $43.32 as of November 06. Over the last 52-week period, shares are up 49.13%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Madison Square Garden visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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