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Sphere Entertainment (SPHR)
NYSE:SPHR
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-2.13Last Year’s EPS
-4.91Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 14, 2020
|% Change Since: -6.00%
|Next Earnings Date:May 18, 2020
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as the expansion to Abu Dhabi and successful events, but also noted challenges including operating losses and declines in MSG Networks revenue. The company is optimistic about future growth and partnerships.Company Guidance
During the Sphere Entertainment Company's fiscal 2025 Q1 earnings call, key metrics highlighted included total company revenues of approximately $228 million, with an adjusted operating loss of $10.2 million. The Sphere segment itself generated $127 million in revenue, welcoming over 800,000 guests to 225 events, and reported an adjusted operating loss of $26.3 million. Original content, including the Sphere Experience, contributed $71 million in revenue from 207 shows. The MSG Networks segment reported revenues of $100.8 million and an AOI of $16.1 million, marking decreases of 9% and 36% respectively from the previous year, primarily due to a 13% decline in subscribers. The company's balance sheet showed approximately $540 million in unrestricted cash, with a total debt balance of $1.36 billion as of September 30. Additionally, the call mentioned plans for a second Sphere in Abu Dhabi, with construction fully funded by the Department of Culture and Tourism Abu Dhabi, signaling the company's strategic expansion efforts.Expansion to Abu Dhabi
Sphere Entertainment announced plans to build a second Sphere venue in Abu Dhabi, which will be fully funded by the Department of Culture and Tourism Abu Dhabi. This marks a significant milestone in expanding Sphere's global footprint.
Successful Events and Partnerships
Sphere hosted 225 events, including high-grossing events like UFC and The Eagles concerts. The company also secured new partnerships with Delta Airlines and Verizon.
Sphere Segment Revenue
The Sphere segment generated $127 million in revenues, mainly driven by the Sphere experience and other events.
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SPHR 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
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SPHR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $44.03 | $40.96 | -6.97% |
| Aug 14, 2024 | $40.76 | $44.55 | +9.30% |
| May 10, 2024 | $41.26 | $39.26 | -4.85% |
| Feb 05, 2024 | $35.41 | $38.97 | +10.05% |
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.
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FAQ
When does Sphere Entertainment (SPHR) report earnings?
Sphere Entertainment (SPHR) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Sphere Entertainment (SPHR) earnings time?
Sphere Entertainment (SPHR) earnings time is at Feb 06, 2025, TBA Not 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 SPHR EPS forecast?
SPHR EPS forecast for the fiscal quarter 2025 (Q2) is -2.13.
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