Sphere Entertainment (SPHR) Reports Q1 Loss, Lags Revenue Estimates

Sphere Entertainment (SPHR) came out with a quarterly loss of $2.95 per share versus the Zacks Consensus Estimate of a loss of$ 3.32. This compares to earnings of $1.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.14%. A quarter ago, it was expected that this company would post a loss of$ 2.47 per share when it actually produced a loss of $2, delivering a surprise of 19.03%.Over the last four quarters, the company has su ...