TKO (TKO)

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Why TKO Group Holdings Stock Crushed the Market Today
The Motley Fool· 2024-08-08 22:57
The company's latest quarter was mixed, but investors liked the raised full-year guidance. TKO Group Holdings (TKO 6.78%), the specialty entertainment company that owns both World Wrestling Entertainment (WWE) and the Ultimate Fighting Championship (UFC), had its hand raised in victory Thursday. Its stock raced nearly 7% higher across the day, thanks to a strong second-quarter earnings report. With that performance it put the hurt on the S&P 500 index, which rose by a relatively light 2.3%. New quarterly re ...
TKO Group Holdings (TKO) Q2 Earnings Miss Estimates
ZACKS· 2024-08-08 13:30
TKO Group Holdings (TKO) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.91 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 producer of professional wrestling events and television shows would post earnings of $0.51 per share when it actually produced earnings of $2.14, delivering a s ...
TKO (TKO) - 2024 Q2 - Quarterly Report
2024-08-08 11:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________ FORM 10-Q ____________________ Securities registered pursuant to Section 12(b) of the Act: 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: 001-41797 TKO GROUP HOLDINGS, ...
Evaluating TKO: Is Now the Time to Buy?
GuruFocus· 2024-08-06 13:01
TKO Group Holdings Inc. (TKO, Financial) is a sports and entertainment powerhouse under the Endeavor brand, which also owns a global talent management company in IMG. Having gone public earlier this year, TKO combines two of the biggest sports brands in World Wrestling Entertainment (WWE) and Ultimate Fighting Championship (UFC). Since its debut last September, the stock has surged impressively and is up over 32% year to date. However, the stock has been a laggard lately, trading roughly 5.50% higher than i ...
TKO Group Holdings (TKO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-08-01 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when TKO Group Holdings (TKO) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 8, 2024, might help the stock move higher if these key numbers are better than ...
WWE® AND AIRES TECH ANNOUNCE MULTI-YEAR GLOBAL MARKETING PARTNERSHIP
Prnewswire· 2024-08-01 14:00
Core Insights - Aires Tech has formed a partnership with WWE to enhance the performance regimens of WWE Superstars and educate fans about the potential health effects of electromagnetic frequency (EMF) exposure [1][4] - The partnership will be prominently featured across WWE properties, including social media promotions and segments on WWE programming [3][5] Company Overview - American Aires Inc. (Aires Tech) is a Canadian nanotechnology company focused on wellness and environmental safety through innovative EMF protection technology [10] - The company has previously partnered with UFC to enhance brand strategy in sports and entertainment [4] Partnership Details - The agreement with WWE is effective from June 11, 2024, and will last until the end of 2025, with significant visibility during events like WWE SummerSlam [2][3] - The partnership will leverage WWE's extensive reach, broadcasting to over 1 billion households in 30 languages and attracting approximately 11 million viewers in the U.S. [3] Marketing and Promotion - Aires Tech will be featured on "WWE NOW" and in fitness segments on WWE Superstar Sheamus's YouTube channel, promoting their EMF protection products [3][5] - The AiresAthletes campaign connects Aires Tech with peak performance, featuring partnerships with notable athletes across various sports [5]
Taseko to Release Second Quarter 2024 Results
Prnewswire· 2024-07-29 21:30
Group 1 - The company, Taseko Mines Limited, will release its second quarter 2024 financial results after market close on July 31, 2024 [1] - A conference call and live webcast will be hosted on August 1, 2024, at 11:00 a.m. Eastern Time to discuss the financial results [3] - The conference call will be archived for playback until August 15, 2024, providing access for those who wish to review the discussion later [4]
Taseko Mines Reports Second Quarter Copper Production and Operational Update for Gibraltar Mine
Prnewswire· 2024-07-15 12:00
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to: uncertainties about the future market price of copper and the other metals that we produce or may seek to produce; changes in general economic conditions, the financial markets, inflation ...
TKO Group: WWE Is Creating A Talent Monopoly
Seeking Alpha· 2024-07-15 07:25
Core Insights - WWE is building a monopoly on talent in the wrestling industry, creating a competitive vacuum for rival businesses [1] - TKO Group Holdings, which includes WWE and UFC, has shown strong financial performance, outpacing the S&P 500 [4] - The talent acquisition strategy of WWE is pivotal for its future growth and market dominance [39] Financial Performance - TKO's stock has returned 36.14% year-to-date, significantly outperforming the S&P 500's 18.61% [4] - In Q1, WWE and UFC reported record-setting live events, with WWE's WrestleMania XL generating a 78% increase in revenue compared to the previous year [6] - Revenue for TKO increased by 105%, with WWE contributing $316 million and UFC contributing $313 million [6] Talent Acquisition Strategy - WWE's developmental brand, NXT, has produced 80% of current main roster superstars, emphasizing internal talent development [27] - The introduction of the Next-in-Line (NIL) program allows WWE to scout and sign college athletes, expanding their talent pool [28] - WWE's strategy includes cross-promotions with TNA, allowing for talent integration and expansion of their roster [39] Market Position - WWE's unique talent strategy, including scouting from non-traditional sources and internal development, positions it as a leader in the wrestling industry [39] - The company is leveraging its expertise in venue acquisition and cost management to enhance profitability [18][12] - UFC remains a dominant player in combat sports, with its popularity continuing to rise, evidenced by record viewership for recent events [21][16] Valuation - TKO has a high valuation with a PE ratio of 324 and a forward PE ratio of 54, indicating market confidence in its growth potential [20] - The adjusted EBITDA for TKO grew by 48% year-over-year in Q1, supporting the argument for its high valuation [14]
Taseko Issues 2023 Sustainability Report
Prnewswire· 2024-06-25 20:40
VANCOUVER, BC, June 25, 2024 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") has published its annual Sustainability Report, titled H20 + ESG. Taseko's 2023 Sustainability Report also highlights several significant initiatives underway across the Company to conserve and reuse water, and to achieve water management objectives. This includes a pioneering in-situ biological water treatment initiative undertaken at the Gibraltar mine last year – part of a lo ...