MSGE - Why Is Madison Square Garden Stock Down Thursday? (CORRECTED) | Benzinga
Editor’s Note: We have updated the story with the latest estimates, which translate to a revenue beat. The estimates used in the original article were outdated.
Madison Square Garden Entertainment Corp. (NYSE:MSGE) shares are trading lower after it reported third-quarter FY24 results.
Revenue rose 13% Y/Y to $228.3 million, beating the analyst consensus of $227.6 million.
Revenues from entertainment offerings rose 13% Y/Y to $146.2 million, led by higher event-related revenues and revenues subject to the sharing of economics with ...