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Madison Square Garden Entertainment Corp. (MSGE)
NYSE:MSGE
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.15Last Year’s EPS
0.17Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial momentum driven by a record Christmas Spectacular, double-digit revenue and adjusted operating income growth, improved cash generation, robust bookings (including a major Harry Styles residency), and positive sponsorship and premium-hospitality trends. Offsetting items include elevated SG&A driven by one-time charges and higher labor costs, some concert mix-related weakness in F&B per caps, and softness in international tourism. On balance, the positive operational and financial developments materially outweigh the transitory and mix-related challenges.Company Guidance
Revenue and Adjusted Operating Income Growth
Reported fiscal Q2 revenues of $459.9M (rounded to $460M), up 13% year-over-year; adjusted operating income of $190.4M, up 16% year-over-year.
Christmas Spectacular Record Season
Christmas Spectacular ran 215 paid performances (vs. 200 prior year), sold over 1.2M tickets (highest attendance in 25 years), generated ~ $195M in total revenue, and delivered a mid-single-digit percentage increase in per-show revenue driven by higher ticket yields and record F&B & merchandise per caps.
Strong Demand and Bookings
Venues hosted ~2.9M guests across >475 events in the quarter; majority of concerts were sold out. Overall bookings increased year-over-year across venues, with robust concert pacing at Madison Square Garden (exceeded yearly concert bookings goal) and strong visibility into fiscal '27 concerts.
High-Profile Concert Residencies and Presale Momentum
Announced a 30-night Harry Styles residency (late Aug–Oct, fiscal '27) with the presale registering 11.5M Ticketmaster registrations (largest ever presale for a single artist in NY market). Also confirmed multi-night runs including Bon Jovi (9 nights) and other headliners, expected to meaningfully contribute to concert growth.
Sponsorship and Premium Hospitality Wins
Secured multiyear renewal with Anheuser-Busch and expanded multiyear partnership with Infosys (Infosys Theater naming rights). Strong new sales and renewals for suites, including renovated Lexus-level suites, supporting expected growth in marketing partnerships and premium hospitality.
Balance Sheet and Capital Return Activity
Unrestricted cash rose to $157M from $30M at prior quarter-end (seasonal cash generation); total debt of $594M and net debt ~ $437M. Repurchased ~623,000 Class A shares for $25M fiscal YTD with ~$45M remaining authorization; revolver paid down by $20M during the quarter.
Technology and Venue Enhancements
Introduced Sphere Immersive Sound at Radio City Music Hall for concerts, deployed starting with the New York Philharmonic, enhancing the venue experience and potentially supporting higher future attendance and yields.
Madison Square Garden Entertainment Corp. (MSGE) Earnings, Revenues Date & History
MSGE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MSGE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $61.94 | $60.34 | -2.58% |
Nov 06, 2025 | $44.54 | $44.27 | -0.61% |
Aug 13, 2025 | $40.22 | $36.79 | -8.53% |
May 06, 2025 | $33.97 | $35.60 | +4.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Madison Square Garden Entertainment Corp. (MSGE) report earnings?
Madison Square Garden Entertainment Corp. (MSGE) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Madison Square Garden Entertainment Corp. (MSGE) earnings time?
Madison Square Garden Entertainment Corp. (MSGE) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MSGE EPS forecast?
MSGE EPS forecast for the fiscal quarter 2026 (Q3) is 0.15.