Core Insights - Madison Square Garden Entertainment (MSGE) reported revenue of $158.26 million for the quarter ended September 2025, reflecting a 14.1% increase year-over-year [1] - The earnings per share (EPS) was -$0.46, slightly worse than the -$0.40 reported in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $153.03 million by 3.42%, while the EPS surprised positively by 22.03% compared to the consensus estimate of -$0.59 [1] Revenue Breakdown - Arena license fees and other leasing revenue amounted to $4.12 million, falling short of the $4.58 million average estimate, representing an 11.7% decline year-over-year [4] - Revenue from entertainment offerings reached $131.31 million, surpassing the estimated $128.17 million [4] - Food, beverage, and merchandise revenues were reported at $22.84 million, exceeding the $22.08 million estimate and showing a significant 20.4% increase compared to the previous year [4] Stock Performance - MSG Entertainment shares have returned 4.4% over the past month, outperforming the Zacks S&P 500 composite, which saw a 1.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]