Endeavor Group (EDR) Reports Q4 Loss, Tops Revenue Estimates

Core Viewpoint - Endeavor Group reported a quarterly loss of $0.22 per share, significantly missing the Zacks Consensus Estimate of $0.36, marking an earnings surprise of -161.11% [1] - The company generated revenues of $1.57 billion for the quarter ended December 2024, slightly below the year-ago revenues of $1.58 billion, and surpassed the Zacks Consensus Estimate by 4.34% [2] Group 1: Earnings Performance - The company has only surpassed consensus EPS estimates once in the last four quarters [2] - The recent earnings report indicates a significant decline in earnings compared to the previous year, which reported earnings of $0.16 per share [1] Group 2: Stock Performance - Endeavor shares have decreased by approximately 1.5% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The current Zacks Rank for Endeavor is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Group 3: Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $1.88 billion, and for the current fiscal year, it is $2.03 on revenues of $7.17 billion [7] - The outlook for the Media Conglomerates industry is positive, currently ranking in the top 25% of over 250 Zacks industries, indicating potential for better performance compared to lower-ranked industries [8]