Madison Square Garden Entertainment (MSGE)

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Madison Square Garden Entertainment (MSGE) - 2025 Q1 - Quarterly Results
2024-11-08 12:38
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS NEW YORK, N.Y., November 8, 2024 - Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal first quarter ended September 30, 2024. Since the start of fiscal 2025, the Madison Square Garden Arena ("The Garden") has hosted a record number of concerts for a fiscal first quarter and, last month, welcomed back the New York Knicks ("Knicks") and ...
Are You Looking for a Top Momentum Pick? Why Madison Square Garden Entertainment (MSGE) is a Great Choice
ZACKS· 2024-10-18 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
MSGE Teams Up With Lenovo: How Should You Play the Stock?
ZACKS· 2024-09-25 16:05
Madison Square Garden Entertainment (MSGE) , part of the MSG Family of Companies, recently announced a partnership deal with Lenovo and its subsidiary Motorola Mobility. As per terms of the agreement, Lenovo will be an Official Partner of Madison Square Garden, the Christmas Spectacular Starring the Radio City Rockettes, New York Rangers and New York Knicks. Lenovo will also get brand inclusion through MSG Networks. Motorola will become an Official Partner of Madison Square Garden, the New York Knicks and N ...
Madison Square Garden Entertainment (MSGE) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-09-02 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...
3 Media Stocks Worth Buying From a Prospering Industry
ZACKS· 2024-09-02 13:51
The Zacks Media Conglomerates industry is flourishing, driven by the consumer shift toward over-the-top (OTT) content. Major players like Madison Square Garden Entertainment (MSGE) , Sinclair (SBGI) and Reservoir Media (RSVR) are aggressively investing in developing original music, shows and fresh content to captivate and retain Gen Z and millennial subscribers. Moreover, the industry's prospects are bolstered by the availability of cost-effective alternative packages, such as skinny bundles, designed to en ...
Madison Square Garden Entertainment (MSGE) - 2024 Q4 - Annual Report
2024-08-16 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year 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: 001-41627 MADISON SQUARE GARDEN ENTERTAINMENT CORP. (Exact name of registrant as specified in its charter) Delawar ...
Madison Square Garden Entertainment (MSGE) - 2024 Q4 - Earnings Call Transcript
2024-08-16 17:35
Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q4 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Henderson - Bank of America Stephen Laszczyk - Goldman Sachs Cameron Mansson-Perrone - Morgan Stanley Brandon Ross - LightShed David Karnovsky - JP Morgan Peter Supino - Wolfe Research Operator Good morning. Thank ...
MSG Entertainment Posts Surprise Profit as Event and Game-Related Revenues Jump
Investopedia· 2024-08-16 15:43
Key Takeaways Madison Square Garden Entertainment had a surprise fourth-quarter profit as event and food, beverage, and merchandise revenue increased. The owner of Madison Square Garden benefited from more concerts and the Knicks and Rangers both making the playoffs. The news sent shares higher Friday. Shares of Madison Square Garden Entertainment (MSGE) hit an all-time high Friday as the New York-based company reported a surprise fourth-quarter profit on higher revenue from events and purchases by fans of ...
Madison Square Garden Entertainment (MSGE) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2024-08-16 13:25
Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of a loss of $0.57 per share. This compares to loss of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 347.37%. A quarter ago, it was expected that this live entertainment company would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of 2 ...
Madison Square Garden Entertainment (MSGE) - 2024 Q4 - Annual Results
2024-08-16 12:06
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTS (1) Fiscal 2024 Revenues of $959.3 Million, up 13% Versus Prior Year and Above High-End of Guidance Range (1)(2) Fiscal 2024 Operating Income of $111.9 Million and AOI of $211.5 Million, Both Above High-End of Guidance Range NEW YORK, N.Y., August 16, 2024 - Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal fourth quart ...