Sphere Entertainment Co.

SPHR

US55826T1025

Entertainment Production

Market Closed - Nyse Other stock markets 04:00:02 2024-05-10 pm EDT			5-day change	1st Jan Change
39.26 ^USD	-4.85%		-3.09%	+15.61%

May. 10	Sphere Entertainment's Fiscal Q3 Loss Narrows, Revenue Rises	MT
May. 10	Earnings Flash (SPHR) SPHERE ENTERTAINMENT CO. Posts Q3 Revenue $321.3M, vs. Street Est of $324.7M	MT

Sphere Entertainment Co. Reports Earnings Results for the Fourth Quarter Ended June 30, 2023

August 22, 2023 at 07:30 am EDT

Sphere Entertainment Co. reported earnings results for the fourth quarter ended June 30, 2023. For the fourth quarter, the company reported sales was USD 129.1 million compared to USD 139.75 million a year ago.

Net income was USD 536.8 million compared to net loss of USD 99.94 million a year ago. Basic earnings per share from continuing operations was USD 10.34 compared to basic loss per share from continuing operations of USD 1.5 a year ago. Diluted earnings per share from continuing operations was USD 10.21 compared to diluted loss per share from continuing operations of USD 1.5 a year ago.

Basic earnings per share was USD 15.43 compared to basic loss per share of USD 3 a year ago. Diluted earnings per share was USD 15.24 compared to diluted loss per share of USD 3 a year ago.

Latest news about Sphere Entertainment Co.

Sphere Entertainment's Fiscal Q3 Loss Narrows, Revenue Rises	May. 10	MT
Earnings Flash (SPHR) SPHERE ENTERTAINMENT CO. Posts Q3 Revenue $321.3M, vs. Street Est of $324.7M	May. 10	MT
Madison Square Garden Entertainment Reports Fiscal Q3 Results; 2024 Revenue Guidance Revised	May. 09	MT
Seaport Downgrades Sphere Entertainment to Neutral From Buy, Expects Stock to 'Take a Breather' After Topping Prior $45 Price Target; Price Target Removed	Apr. 08	MT
Sphere Entertainment Insider Bought Shares Worth $2,441,017, According to a Recent SEC Filing	Feb. 29	MT
Tranche Update on Madison Square Garden Entertainment Corp.'s Equity Buyback Plan announced on March 30, 2023.	Feb. 07	CI
Madison Square Garden Entertainment Fiscal Q2 Results Top Analyst Expectations; 2024 Revenue Guidance Lifted	Feb. 07	MT
JPMorgan Adjusts Sphere Entertainment Price Target to $37 From $33, Maintains Neutral Rating	Feb. 06	MT
Morgan Stanley Raises PT on Sphere Entertainment to $42 From $30, Says Returns Look Promising; Keeps Equalweight Rating	Feb. 06	MT
Transcript : Sphere Entertainment Co., Q2 2024 Earnings Call, Feb 05, 2024	Feb. 05
Sphere Entertainment Swings to Loss in Fiscal Q2, Revenue Rises; Shares Gain Pre-Bell	Feb. 05	MT
Earnings Flash (SPHR) SPHERE ENTERTAINMENT CO. Reports Q2 Revenue $314.2M, vs. Street Est of $306.8M	Feb. 05	MT
Sphere Entertainment Co. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 05	CI
North American Morning Briefing : Hopes of March -2-	Feb. 05	DJ
Sphere Entertainment Collaborates with NFL on Custom Super Bowl LVIII Content	Feb. 05	MT
Madison Square Garden Entertainment Corp. and Sphere Entertainment Co. Appoint Laura Franco as Executive Vice President and General Counsel, Effective February 20, 2024	Feb. 01	CI
Sphere Entertainment Names Jennifer Koester as President of Business Operations	Jan. 23	MT
Sphere Entertainment Co. Appoints Jennifer Koester as President, Sphere Business Operations, Effective February 5, 2024	Jan. 22	CI
Sphere Studios and Stmicroelectronics Reveal New Details on the World's Large Cinema Image Sensor	Jan. 11	CI
Morgan Stanley Lifts Price Target on Sphere Entertainment to $30 From $26, Keeps Equalweight Rating	Dec. 18	MT
Sphere Entertainment Co. Appoints David F. Byrnes as Executive Vice President and Treasurer	Dec. 08	CI
Sphere Entertainment Co. Appoints David F. Byrnes as Chief Financial Officer	Dec. 08	CI
North American Morning Briefing : Futures Pause -2-	Dec. 08	DJ
Seaport Upgrades Sphere Entertainment to Buy From Neutral, Sets $38 Price Target, Cites 'Better' Unit Economics, Expenses	Dec. 07	MT
Guggenheim Upgrades Sphere Entertainment to Buy From Neutral, Raises Price Target to $40 From $38	Dec. 06	MT

Chart Sphere Entertainment Co.

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Company Profile

Sphere Entertainment Co. is a live entertainment and media company. The Companyâs portfolio includes Sphere, which is a live entertainment medium. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a companion streaming service, MSG GO, which delivers a range of live sports content and other programming. MSG Networks serves a media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut, and Pennsylvania. MSG Networks features live local games from five professional sports franchises along with a compelling lineup of original programming.

Sector

Entertainment Production

Calendar

2024-08-15 - Q4 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Sphere Entertainment Co.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

39.26 USD

Average target price

42.5 USD

Spread / Average Target

+8.25%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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