Madison Square Garden: Q2 Earnings Insights

Shares of Madison Square Garden MSGS were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 142.75% over the past year to ($1.68), which missed the estimate of ($1.53).

Revenue of $28,771,000 declined by 95.42% from the same period last year, which beat the estimate of $27,100,000.

Outlook

Madison Square Garden hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Feb 03, 2021

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.msgsports.com%2F&eventid=2936142&sessionid=1&key=D9A32B8AC1857F585B54CDD7E296261F&regTag=&V2=false&sourcepage=register

Technicals

Company's 52-week high was at $188.54

52-week low: $140.15

Price action over last quarter: down 1.22%

Company Overview

Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.