MSGE
Published on 05/02/2025 at 07:41
NEW YORK (AP) — NEW YORK (AP) — The Madison Square Garden Co. (MSGS) on Friday reported a loss of $14.2 million in its fiscal third quarter.
On a per-share basis, the New York-based company said it had a loss of 59 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The sports team and entertainment company posted revenue of $424.2 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $427.5 million.
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