Sphere Entertainment (SPHR) Reports Q4 Loss, Tops Revenue Estimates

Sphere Entertainment (SPHR) came out with a quarterly loss of $2 per share versus the Zacks Consensus Estimate of a loss of$ 2.47. This compares to earnings of $10.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.03%. A quarter ago, it was expected that this company would post a loss of$ 0.35 per share when it actually produced a loss of $1.33, delivering a surprise of -280%. Over the last four quarters, the company has ...