Atlanta Braves Holdings, Inc. (BATRA) Q3 Earnings Surpass Estimates

Core Insights - Atlanta Braves Holdings, Inc. reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, and showing a significant increase from $0.16 per share a year ago, resulting in an earnings surprise of +95.83% [1] - The company posted revenues of $311.54 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.47%, but up from $290.67 million year-over-year [2] - The stock has underperformed the market with a gain of about 5.2% since the beginning of the year, compared to the S&P 500's gain of 15.1% [3] Earnings Performance - Over the last four quarters, Atlanta Braves Holdings has surpassed consensus EPS estimates four times [2] - The company has topped consensus revenue estimates two times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.30 on $57 million in revenues, and -$0.27 on $730 million in revenues for the current fiscal year [7] Market Outlook - The company's earnings outlook will be influenced by management's commentary during the earnings call [3][4] - The estimate revisions trend for Atlanta Braves Holdings was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The Media Conglomerates industry, to which the company belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, which may impact stock performance [8]