Madison Square Garden Sports (NYSE:MSGS – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.73, Briefing.com reports. The company had revenue of $227.25 million during the quarter, compared to the consensus estimate of $167.71 million. Madison Square Garden Sports had a negative return on equity of 7.23% and a net margin of 2.59%. Madison Square Garden Sports’s revenue for the quarter was up 79.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.39) EPS.
Madison Square Garden Sports Price Performance
Shares of MSGS traded up $1.80 during midday trading on Thursday, reaching $198.66. 2,614 shares of the stock were exchanged, compared to its average volume of 120,931. The business’s 50-day moving average price is $192.43 and its 200 day moving average price is $188.26. Madison Square Garden Sports has a twelve month low of $164.79 and a twelve month high of $213.26. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 200.89 and a beta of 0.95.
Madison Square Garden Sports Company Profile
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