Here's What Key Metrics Tell Us About MSG Entertainment (MSGE) Q2 Earnings

Core Insights - Madison Square Garden Entertainment (MSGE) reported revenue of $459.94 million for the quarter ended December 2025, marking a year-over-year increase of 12.9% and an EPS of $1.94 compared to $1.56 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $450.19 million by 2.17%, while the EPS fell short of the consensus estimate of $2.35 by 17.45% [1] Revenue Breakdown - Arena license fees and other leasing revenue reached $35.16 million, surpassing the estimated $30.89 million by two analysts, reflecting a year-over-year increase of 17.9% [4] - Revenues from entertainment offerings totaled $360.45 million, significantly exceeding the two-analyst average estimate of $265.91 million [4] - Food, beverage, and merchandise revenues were reported at $64.32 million, slightly below the estimated $65.41 million, but still showing an 8.4% increase compared to the previous year [4] Stock Performance - Shares of MSG Entertainment have returned +14.1% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]