Liberty Media Corporation - Liberty Formula One Series C (FWONK) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 127.78%. A quarter ago, it was expected that this company would post earnings of $0.46 per share when it actually produced a loss of $1.03, delivering a surprise ...

Group 1 - Sinclair reported a quarterly loss of $2.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.78, and a significant decline from earnings of $0.43 per share a year ago, indicating an earnings surprise of -22.47% [1] - The company posted revenues of $776 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.99%, but down from $798 million in the same quarter last year [2] - Over the last four quarters, Sinclair has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call, with Sinclair shares down about 3.7% year-to-date compared to the S&P 500's decline of -4.7% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.36 on revenues of $790.7 million, and for the current fiscal year, it is -$2.24 on revenues of $3.19 billion [7] - The Zacks Industry Rank places Media Conglomerates in the top 31% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]

Disney, which belongs to the Zacks Media Conglomerates industry, posted revenues of $23.62 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.10%. This compares to year-ago revenues of $22.08 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ...

Company Performance - Madison Square Garden Entertainment (MSGE) reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.25 per share, and showing a significant increase from earnings of $0.06 per share a year ago, representing an earnings surprise of 32% [1] - The company posted revenues of $242.47 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.94%, and an increase from year-ago revenues of $228.31 million [2] - Over the last four quarters, MSGE has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance and Outlook - MSGE shares have declined approximately 4.6% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at -$0.39 on revenues of $175.19 million, and $1.04 on revenues of $952.32 million for the current fiscal year [7] - The current Zacks Rank for MSGE is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Media Conglomerates industry, to which MSGE belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

The Walt Disney Company (DIS) is slated to report second-quarter fiscal 2025 results on May 7.The Zacks Consensus Estimate for revenues is pegged at $23.14 billion, suggesting modest growth of 4.78% from the year-ago quarter’s reported figure.The consensus mark for earnings has moved south by a penny to $1.18 per share over the past 30 days, indicating a decline of 2.48% year over year.Image Source: Zacks Investment ResearchFind the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last r ...

Company Overview - Sphere Entertainment (SPHR) is expected to report a year-over-year decline in earnings, with a projected loss of $2.48 per share, reflecting a decrease of 86.5% compared to the previous year [3] - Revenues for the upcoming quarter are anticipated to be $277.07 million, down 13.8% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 2.93% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Sphere Entertainment is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +8.27% [10][11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Sphere Entertainment currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Sphere Entertainment was expected to post a loss of $2.15 per share but actually reported a loss of $3.49, resulting in a surprise of -62.33% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - In the Zacks Media Conglomerates industry, Paramount Global-B (PARA) is expected to report earnings of $0.30 per share, indicating a year-over-year decline of 51.6% [17] - Paramount Global-B's revenue is projected to be $7.1 billion, down 7.6% from the previous year [17] - The consensus EPS estimate for Paramount Global-B has been revised 1.2% higher, but a lower Most Accurate Estimate results in an Earnings ESP of -31.65%, making it difficult to predict an earnings beat [18]

Paramount Global-B (PARA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 8, 2025, might help the stock move higher if these key numbers are better than e ...