Sphere Entertainment (SPHR) Reports Q2 Loss, Tops Revenue Estimates

Sphere Entertainment (SPHR) came out with a quarterly loss of $3.49 per share versus the Zacks Consensus Estimate of a loss of$ 2.15. This compares to loss of $4.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -62.33%. A quarter ago, it was expected that this company would post a loss of$ 3.32 per share when it actually produced a loss of $2.95, delivering a surprise of 11.14%.Over the last four quarters, the company has su ...