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Madison Square Garden Entertainment Corp. (MSGE)
NYSE:MSGE
US Market
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Madison Square Garden Entertainment Corp. (MSGE) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 14, 2026
Before Open (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
-0.47
Last Year’s EPS
-0.57
Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings

Earnings Call Summary

Q3 2026
Earnings Call Date:May 07, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a mix of positive operational momentum and balance-sheet strength (modest revenue growth, strong cash build, robust concert bookings and a growing Christmas Spectacular), offset by near-term margin pressure from higher operating and SG&A costs that reduced adjusted operating income. Management expects expense normalization in the coming quarter and highlighted strong forward bookings and residencies that support optimism for fiscal '27.
Company Guidance
Management said they expect to close fiscal 2026 “on a positive note,” citing a significant increase in Garden concerts in fiscal Q4 and that they remain “on track to deliver robust full‑year growth in revenue and adjusted operating income (AOI).” Key metrics: Q3 revenues $246.3M (up 2% YoY) and AOI $46M (down $12M YoY); venues hosted >1.4M guests across >165 events; venue operating costs rose $2.4M YoY (driven partly by several million dollars of higher health‑care costs); F&B per‑caps at concerts were up while merchandise per‑caps were down; concert sell‑through and pacing for the next two quarters are ahead of last year with the Garden pacing to shatter its single‑quarter concert record (highlighted by Harry Styles 30‑night residency, Bon Jovi 9 shows, “Fish” 5 shows and Joe Hisaishi 7 nights at Radio City). Holiday asset metrics: the Christmas Spectacular generated ~ $195M across 215 paid performances (16 in Q3) and 230 shows are on sale for 2026 (mid‑single‑digit show count increase). Balance sheet and capital allocation: $323M unrestricted cash (up from $157M at 12/31), $587M debt, ~623K shares repurchased for $25M YTD with ~$45M remaining authorization; SG&A growth is expected to begin normalizing in the June quarter and into fiscal 2027.
Modest Revenue Growth
Reported Q3 revenue of $246.3M, up 2% year-over-year, driven by growth in entertainment offerings (including suite license fees) and higher number of concerts at the Garden.
Strong Cash Position and Capital Return Flexibility
Unrestricted cash of $323M as of March 31, up from $157M as of Dec 31 (increase of ~$166M, ~106%); fiscal YTD share repurchases of ~623,000 shares for $25M with ~$45M remaining under the current buyback authorization.
Robust Concert Momentum and Forward Bookings
Major increase in concerts at Madison Square Garden with most concerts selling out, F&B per caps at concerts up, sell-through for upcoming concerts pacing ahead of last year, and strong early bookings for fiscal '27 (including Harry Styles 30-night residency, Bon Jovi 9-show, Fish 5-show, Joe Hisaishi 7-night and extensions at Beacon). Company expects to shatter the record for number of concerts in any quarter at the Garden.
Christmas Spectacular Performance
92nd holiday season generated approximately $195M in total revenues across 215 paid performances; Q3 included 16 shows with year-over-year growth in per-show ticketing revenue. 230 shows are on sale for the 2026 season, a ~7% increase in show count year-over-year.
Strong Attendance and Diverse Event Slate
Venues welcomed over 1.4 million guests across more than 165 events in the quarter, including concerts, family shows, college basketball, boxing, PBR and WWE, demonstrating breadth and diversification of demand.

Madison Square Garden Entertainment Corp. (MSGE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

MSGE Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 14, 2026
2026 (Q4)
-0.47 / -
-0.57
May 07, 2026
2026 (Q3)
0.15 / 0.11
0.17-35.29% (-0.06)
Feb 03, 2026
2026 (Q2)
2.27 / 1.94
1.5624.36% (+0.38)
Nov 06, 2025
2026 (Q1)
-0.56 / -0.46
-0.4-15.00% (-0.06)
Aug 13, 2025
2025 (Q4)
-0.39 / -0.57
1.41-140.43% (-1.98)
May 06, 2025
2025 (Q3)
0.27 / 0.17
0.06183.33% (+0.11)
Feb 06, 2025
2025 (Q2)
2.19 / 1.56
2.59-39.77% (-1.03)
Nov 08, 2024
2025 (Q1)
-0.79 / -0.40
-160.00% (+0.60)
Aug 16, 2024
2024 (Q4)
-0.53 / 1.41
-0.47400.00% (+1.88)
May 09, 2024
2024 (Q3)
0.11 / 0.06
0.42-85.71% (-0.36)
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
May 07, 2026
$66.95$66.74-0.31%
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%
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 Aug 14, 2026, Before Open (Confirmed).
    What is Madison Square Garden Entertainment Corp. (MSGE) earnings time?
    Madison Square Garden Entertainment Corp. (MSGE) earnings time is at Aug 14, 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 (Q4) is -0.47.