On Friday 16th August 2024, Madison Square Garden (NYSE: MSGE) will be releasing its fourth quarter financial results. This much awaited announcement will be made before market open.
Wall Street financial experts forecast that the firm is set to announce an expected $0.52 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $169.61 million for this particular period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $945.98 million. Additionally, they expect the company to reach profit of $1.09 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.47. This figure was a result of the company's total revenue, which reached an impressive $147.94 million million during that specific period.
Madison Square Garden (MSGE) closed Thursday's regular trading session at $38.66, marking a 2.44 percent advance. During the day, MSGE shares traded between $38.16 and $38.96, with a day volume of 293.50 thousand shares.
