TKO Group Holdings (TKO) Q1 Earnings and Revenues Beat Estimates

Group 1 - TKO Group Holdings reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, compared to earnings of $2.14 per share a year ago [1] - The earnings surprise for the quarter was 43.75%, and the company had a previous quarter surprise of 52.17% with earnings of $0.35 per share against an expectation of $0.23 [2] - TKO Group's revenues for the quarter reached $1.27 billion, surpassing the Zacks Consensus Estimate by 14.17%, and this is a significant increase from $629.7 million in the same quarter last year [3] Group 2 - The stock has increased approximately 19.4% since the beginning of the year, while the S&P 500 has declined by 4.3% [4] - The current consensus EPS estimate for the upcoming quarter is $1.19 on revenues of $1.26 billion, and for the current fiscal year, it is $2.41 on revenues of $4.71 billion [8] - The Film and Television Production and Distribution industry, to which TKO Group belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]