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 ...

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) 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 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 ...

Shares of Madison Square Garden Entertainment Corp MSGE climbed in early trading on Wednesday. There is room for robust growth in Christmas Spectacular in fiscal 2025, despite the record performance in fiscal 2024, the analyst stated. He estimates Christmas Spectacular revenues of around $157 million for fiscal 2025, "driven by higher show-count, modest increases in sell-through, and increased ticket pricing." The Madison Square Garden Analyst: Laszczyk upgraded the rating for Madison Square Garden from Neu ...

Company Participants Operator Thank you. Good morning and welcome to MSG Entertainment's fiscal 2024 third quarter earnings conference call. On today's call Mike Grau, our EVP and Chief Financial Officer will provide an update on the company's operations and review our financial results for the quarter. After our prepared remarks, we will open up the call for questions. During Q&A, we will also be joined by Phil D'Ambrosio, our EVP and Treasurer. And with that, I'll now turn the call over to Mike. In fact, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 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 spec ...

LEGENDARY BRANDS ◼ ~67% of shares were distributed to shareholders, while 33% were retained by Sphere Entertainment Co. MADISON SQUARE GARDEN ENTERTAINMENT MAY 2024 FORWARD LOOKING STATEMENTS AND MARKET DATA Madison Square Garden Entertainment Corp. (the "Company" or "MSG Entertainment") has filed with the Securities and Exchange Commission an Annual Report on Form 10-K for the year ended June 30, 2023 (the "Annual Report") and Quarterly Reports on Form 10-Q for the quarters ended September 30, 2023, Decemb ...

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 THIRD QUARTER RESULTS FY24 Revenue Range Narrowed to $940-950 Million, as Compared to Prior Range of $930-950 Million FY24 Operating Income Range Increased to $100-110 Million, Versus Prior $95-105 Million FY24 AOI Range Increased to $200-210 Million, as Compared to $195-205 Million Previously (1) NEW YORK, N.Y., May 9, 2024 - Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial re ...

Hi. Great. Maybe just to expand on Peter's question a little bit there. Thank you for some of the update on the commentary for fiscal '24. But maybe as we look out the fiscal '25, could you talk a little bit more about the visibility you have into the pacing of bookings across the venue footprint, The Garden, the theaters, and maybe how that compares to what you've seen in prior years at this point in the year. And then secondly on corporate demand and sponsorship, could you speak to any changes you're seei ...