Core Insights - Madison Square Garden Entertainment (MSGE) reported a revenue of $154.14 million for the quarter ended June 2025, reflecting a year-over-year decline of 17.2% and an EPS of -$0.50 compared to $1.41 a year ago [1] - The revenue reported was a surprise of -0.27% against the Zacks Consensus Estimate of $154.56 million, while the EPS surprise was -6.38% against the consensus estimate of -$0.47 [1] Revenue Breakdown - Arena license fees and other leasing revenue amounted to $9.01 million, exceeding the average estimate of $6.07 million by three analysts, representing a year-over-year increase of 6.2% [4] - Revenues from entertainment offerings were reported at $118.72 million, below the average estimate of $125.18 million from three analysts [4] - Food, beverage, and merchandise revenues totaled $26.4 million, surpassing the average estimate of $23.31 million, but showing a year-over-year decline of 23.9% [4] Stock Performance - Shares of MSG Entertainment have returned +1.6% over the past month, compared to a +3.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Performance - For the quarter ended March 2025, Madison Square Garden Entertainment (MSGE) reported revenue of $242.47 million, reflecting a 6.2% increase year-over-year [1] - EPS for the quarter was $0.33, a significant rise from $0.06 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $231.04 million by 4.94%, while the EPS surpassed the consensus estimate of $0.25 by 32.00% [1] Key Metrics - Arena license fees and other leasing revenue amounted to $36.44 million, slightly above the average estimate of $35.24 million, representing a year-over-year decline of 0.7% [4] - Food, beverage, and merchandise revenues were reported at $45.81 million, below the average estimate of $53.65 million, showing a year-over-year increase of 0.9% [4] - Total revenues from contracts with customers reached $206.02 million, exceeding the two-analyst average estimate of $196.69 million, with a year-over-year growth of 7.5% [4] Stock Performance - Shares of MSG Entertainment have returned +23.2% over the past month, outperforming the Zacks S&P 500 composite's +10.6% 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]