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MSGE - Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth

2024-04-09 16:42:20 ET

Summary

  • Madison Square Garden Entertainment is recommended as a buy due to strong growth outlook and visibility through FY24 and FY25.
  • MSGE's recent results show revenue growth of 13% and strong adj. EBIT performance, validating expectations for FY24 estimates.
  • Strong demand and high visibility into bookings, including record-breaking concerts and sold-out shows, support the positive outlook for MSGE.

Overview

For further details see:

Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth
Stock Information

Company Name: Madison Square Garden Entertainment Corp. Class A
Stock Symbol: MSGE
Market: NYSE
Website: www.msgentertainment.com

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