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

Sphere Entertainment (SPHR) came out with a quarterly loss of $2.27 per share versus the Zacks Consensus Estimate of a loss of$ 2.48. This compares to loss of $1.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.47%. A quarter ago, it was expected that this company would post a loss of$ 2.15 per share when it actually produced a loss of $3.49, delivering a surprise of -62.33%.Over the last four quarters, the company has sur ...