Atlanta Braves (BATRK)

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Atlanta Braves Holdings (BATRK) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-30 15:07
Core Viewpoint - The market anticipates Atlanta Braves Holdings (BATRK) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending September 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $0.50 per share, reflecting a significant year-over-year increase of +600% [3]. - Expected revenues are projected at $301.09 million, which is an increase of 10.8% compared to the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 36.05%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +30% [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading indicates a likely earnings beat, particularly when combined with a strong Zacks Rank [8]. - However, Atlanta Braves Holdings currently holds a Zacks Rank of 4, complicating predictions of an earnings beat despite the positive Earnings ESP [10]. Historical Performance - In the last reported quarter, the company exceeded the expected earnings of $0.41 per share by delivering $0.46, resulting in a surprise of +12.20% [11]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [12]. Conclusion - While the company is not positioned as a compelling earnings-beat candidate, investors should consider various factors beyond earnings expectations when making investment decisions [15].
Atlanta Braves: BATRK Or BATRA? Don't Pay Up For The Vote
Seeking Alpha· 2024-10-07 21:15
Group 1 - The Atlanta Braves were eliminated from the playoffs in a best-of-three series against the San Diego Padres, losing in just two games [1] - Catalyst Hedge Investing provides its members with early access to articles, a chat board for updates, and a best ideas portfolio [1] - Cashfow Hunter, with over 25 years of market experience, leads the investing group and focuses on asymmetric risk/reward investment ideas [1]
Is Atlanta Braves Holdings, Inc. (BATRK) Stock Outpacing Its Conglomerates Peers This Year?
ZACKS· 2024-09-19 14:46
Group 1 - Atlanta Braves Holdings (BATRK) is currently outperforming its peers in the Conglomerates sector, which has a Zacks Sector Rank of 1 [1] - The Zacks Rank for Atlanta Braves Holdings is 2 (Buy), indicating a positive earnings outlook with a 32.6% increase in the full-year earnings estimate over the past quarter [2] - Year-to-date, Atlanta Braves Holdings has returned approximately 3.7%, while the average return for stocks in the Conglomerates group is a loss of about 6.9% [2] Group 2 - Federal Signal (FSS) is another stock in the Conglomerates sector that has outperformed, with a year-to-date return of 16.6% [3] - Both Atlanta Braves Holdings and Federal Signal belong to the Diversified Operations industry, which ranks 38 in the Zacks Industry Rank, with the industry experiencing an average loss of 6.9% this year [3] - Investors should monitor Atlanta Braves Holdings and Federal Signal for potential continued strong performance in the Conglomerates sector [3]
Is Atlanta Braves Holdings, Inc. (BATRK) Outperforming Other Conglomerates Stocks This Year?
ZACKS· 2024-09-03 14:46
Group 1 - Atlanta Braves Holdings (BATRK) is outperforming the Conglomerates sector with a year-to-date return of 8.3%, while the sector has returned an average of -6.8% [2][3] - The Zacks Consensus Estimate for BATRK's full-year earnings has increased by 32.6% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [2] - Atlanta Braves Holdings is part of the Diversified Operations industry, which has seen an average loss of 6.8% this year, further highlighting BATRK's superior performance within its industry [3] Group 2 - Federal Signal (FSS) is another stock in the Conglomerates sector that has outperformed, with a year-to-date return of 23.1% [2] - The consensus EPS estimate for Federal Signal has increased by 5% over the past three months, reflecting positive analyst sentiment [3] - Both Atlanta Braves Holdings and Federal Signal are expected to maintain solid performance, making them attractive options for investors interested in Conglomerates stocks [3]
Has Atlanta Braves Holdings, Inc. (BATRK) Outpaced Other Conglomerates Stocks This Year?
ZACKS· 2024-08-15 14:41
Group 1 - Atlanta Braves Holdings (BATRK) is part of the Conglomerates sector, which includes 24 individual stocks and holds a Zacks Sector Rank of 2 [1] - The Zacks Consensus Estimate for BATRK's full-year earnings has increased by 32.6% in the past quarter, indicating stronger analyst sentiment and an improving earnings outlook [2] - BATRK has returned 5.3% year-to-date, outperforming the Conglomerates sector average return of -0.6% [2] - Federal Signal (FSS) is another stock in the Conglomerates sector that has outperformed, with a year-to-date return of 21.6% [2] Group 2 - Atlanta Braves Holdings belongs to the Diversified Operations industry, which also includes 24 stocks and currently ranks 72 in the Zacks Industry Rank [3] - Stocks in the Diversified Operations industry have lost about 0.6% year-to-date, indicating that BATRK is performing better than its peers in this group [3] - Both Atlanta Braves Holdings and Federal Signal are expected to continue their solid performance, making them noteworthy for investors interested in Conglomerates stocks [3]
Atlanta Braves Holdings (BATRK) Upgraded to Buy: Here's Why
ZACKS· 2024-08-14 17:00
Core Viewpoint - Atlanta Braves Holdings (BATRK) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Outlook - The Zacks rating upgrade reflects a positive earnings outlook for Atlanta Braves Holdings, which could positively impact its stock price [2]. - For the fiscal year ending December 2024, Atlanta Braves Holdings is expected to earn -$0.31 per share, representing a change of 84.7% from the previous year's reported number [5]. Earnings Estimate Revisions - Over the past three months, the Zacks Consensus Estimate for Atlanta Braves Holdings has increased by 32.6%, indicating a steady rise in analysts' earnings estimates [5]. - The correlation between earnings estimate revisions and near-term stock movements is strong, suggesting that tracking these revisions can be beneficial for investment decisions [4]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks generating an average annual return of +25% since 1988 [4]. - The upgrade to Zacks Rank 2 places Atlanta Braves Holdings in the top 20% of Zacks-covered stocks, indicating its superior earnings estimate revision feature and potential for market-beating returns [7].
Atlanta Braves (BATRK) - 2024 Q2 - Quarterly Results
2024-08-08 20:22
Exhibit 99.1 ATLANTA BRAVES HOLDINGS REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Englewood, Colorado, August 8, 2024 – Atlanta Braves Holdings, Inc. ("ABH") (Nasdaq: BATRA, BATRK) today reported second quarter 2024 results. Headlines include: ● Total revenue grew 5% to $283 million in second quarter o Baseball revenue up 4% to $266 million o Mixed-use development revenue up 11% to $17 million ● Operating income up 28% to $25 million and Adjusted OIBDA(1) up 9% to $46 million in second quarter ● Announced ...
Atlanta Braves (BATRK) - 2024 Q2 - Quarterly Report
2024-08-08 20:13
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41746 ATLANTA BRAVES HOLDINGS, INC. (Exact name of Registrant as specified in its charter) Nevada 92-1284827 (State or ot ...
Atlanta Braves Holdings (BATRK) Tops Q2 Earnings Estimates
ZACKS· 2024-08-08 14:35
Atlanta Braves Holdings (BATRK) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to loss of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.20%. A quarter ago, it was expected that this owner and operator of the Atlanta Braves baseball club would post a loss of $0.64 per share when it actually produced a loss of $0.83, delivering a surprise of ...
Atlanta Braves (BATRK) - 2024 Q1 - Quarterly Results
2024-05-08 19:27
Exhibit 99.1 Regular season home games in period — — ATLANTA BRAVES HOLDINGS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Englewood, Colorado, May 8, 2024 – Atlanta Braves Holdings, Inc. ("ABH") (Nasdaq: BATRA, BATRK) today reported first quarter 2024 results. Headlines include: ● Total revenue grew 20% to $37 million in first quarter o Baseball revenue up 25% to $22 million o Mixed-use development revenue up 13% to $15 million ● Mixed-use development generated $10 million of Adjusted OIBDA(1) in first quar ...