分组1 - Madison Square Garden (MSGS) reported quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.25 per share, representing an earnings surprise of -80% [1] - The company posted revenues of $357.76 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.06%, compared to year-ago revenues of $326.9 million [2] - Over the last four quarters, Madison Square Garden has surpassed consensus revenue estimates four times [2] 分组2 - The current consensus EPS estimate for the coming quarter is $1.79 on revenues of $435.48 million, and for the current fiscal year, it is $0.81 on revenues of $956.86 million [7] - The Zacks Industry Rank for Leisure and Recreation Services is currently in the top 25% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The stock has underperformed the market, losing about 3.3% since the beginning of the year, while the S&P 500 has gained 1.9% [3]

Group 1 - Madison Square Garden Sports Corp. announced a multi-year partnership with Nutrabolt, naming C4 Energy as the Official Energy Drink of the New York Knicks [1][3] - C4 Energy will be featured prominently in digital signage at Madison Square Garden, including courtside LED displays during non-nationally televised home games and virtual advertisements on MSG Networks [2] - The partnership aims to enhance C4 Energy's engagement with the Knicks' fanbase through various platforms, including the Knicks website and the Seventh Avenue LED marquee sign [2][3] Group 2 - Madison Square Garden Sports Corp. is a leading professional sports company with assets including the New York Knicks and New York Rangers, as well as development league teams [4] - Nutrabolt is a fast-growing global active health and wellness company with a portfolio that includes C4, XTEND, and Cellucor, focusing on performance-oriented brands [5][6] - Nutrabolt's products are designed to meet the needs of performance athletes and fitness enthusiasts while appealing to a broader consumer base [6]

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 SECOND QUARTER RESULTS NEW YORK, N.Y., February 4, 2025 - Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2024. During the fiscal 2025 second quarter, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024- 25 regular seasons, playing a combined three more games at the Madison Square Garden Arena ("The Garden") as compared to the prior year quarte ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2024. During the fiscal 2025 second quarter, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons, playing a combined three more games at the Madison Square Garden Arena ("The Garden") as compared to the prior year quarter. In addition to the positive impact of those additional home games, the C ...

NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2024 on Tuesday, February 4, 2025 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 888-660-6386 with the conference ID number 6996895 approximately 10 minutes prior to the call. The call will also be available via web ...

Waterloo Sparkling Water to be Available at Concession Stands Throughout MSG, Including at a New Dedicated Concession Stand, Providing Fans with Even More Beverage Options at The World's Most Famous ArenaNEW YORK, Jan. 14, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") announced today a partnership with Waterloo Sparkling Water, naming the brand known for its authentic flavors and lively car ...

For the quarter ended September 2024, Madison Square Garden (MSGS) reported revenue of $53.31 million, up 23.8% over the same period last year. EPS came in at -$0.31, compared to -$0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $44.13 million, representing a surprise of +20.79%. The company delivered an EPS surprise of +64.77%, with the consensus EPS estimate being -$0.88.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...

Madison Square Garden (MSGS) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to loss of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.77%. A quarter ago, it was expected that this sports team and entertainment company would post earnings of $0.33 per share when it actually produced earnings of $1.06, delivering a surprise of 221.21%.Over the las ...

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS NEW YORK, N.Y., November 1, 2024 - Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal first quarter ended September 30, 2024. Last month, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons at the Madison Square Garden Arena. Recent Company operating highlights include: • The combined average season ticket renewal rate for the Knicks and Ra ...

Revenue Performance - Revenues increased by $10,261, or 24%, to $53,307 for the three months ended September 30, 2024, compared to $43,046 in the prior year period[87] - The increase in revenues from league distributions was $9,727, primarily due to certain league distributions unrelated to national media rights fees[88] Operating Expenses - Direct operating expenses rose by $4,691 to $8,211 for the three months ended September 30, 2024, primarily due to an increase in net provisions for league revenue sharing and NBA luxury tax[89] - Selling, general and administrative expenses decreased by $969, or 2%, to $52,587, driven by lower sales and marketing costs and employee compensation[90] - Direct operating expenses for fiscal year 2025 are expected to reflect higher team personnel compensation and corresponding NBA luxury tax due to the Knicks' 2024-25 season roster[89] Operating Loss - Operating loss decreased by $6,551, or 44%, to $8,273 for the three months ended September 30, 2024, attributed to higher revenues and lower selling, general and administrative expenses[92] - Operating loss for the three months ended September 30, 2024, was $(8,273) million, a decrease of $6,551 million or 44% compared to $(14,824) million in the prior year[99] - Adjusted operating loss decreased by $7,727 million or 77% to $(2,258) million for the three months ended September 30, 2024, primarily due to higher revenues and lower selling, general, and administrative expenses[99] Net Loss - Net loss for the three months ended September 30, 2024, was $7,542, a decrease of $11,279, or 60%, compared to the prior year period[88] Cash Flow - Net cash used in operating activities for the three months ended September 30, 2024, was $(26,158) million, a decrease of $27,983 million compared to $(54,141) million in the prior year[105] - Net cash used in investing activities for the three months ended September 30, 2024, was $(1,163) million, a decrease of $566 million compared to $(1,729) million in the prior year[106] - Net cash used in financing activities for the three months ended September 30, 2024, was $(9,502) million, compared to net cash provided of $67,830 million in the prior year[106] Interest Income and Expense - Interest income increased by $411, or 91%, to $864, primarily due to higher average cash balances[93] - Interest expense decreased by $874, or 13%, to $6,055, mainly due to lower average borrowings under the Rangers Revolving Credit Facility[94] Miscellaneous Expenses - Miscellaneous expense, net decreased by $11,539, or 91%, to $1,126, primarily due to lower unrealized losses related to investments[95] Financial Position - Cash and cash equivalents as of September 30, 2024, were $52,252 million, with an additional $250,000 million available under existing credit facilities[101] - Deferred revenue obligations as of September 30, 2024, totaled $272,957 million, primarily related to tickets, suites, and local media rights[101] - As of September 30, 2024, total borrowings outstanding under credit facilities were $275 million, with a potential interest expense increase of approximately $2.8 million for a hypothetical 100 basis point rise in interest rates[116] Goodwill and Intangible Assets - The carrying amount of goodwill as of September 30, 2024, was $226,523 million, with no impairment identified during the annual testing[110] - Identifiable indefinite-lived intangible assets totaled $103,644 million as of September 30, 2024, with no impairments identified during the annual testing[113]