The earnings call highlighted significant progress in the Entertainment segment, with strong concert performance and leasing progress. However, there were challenges in the Hospitality segment, particularly with the Tin Building. The overall financial improvements and strategic opportunities, such as Nike's lease termination, contribute to a positive outlook.

Company Guidance

In the second quarter of 2025, Seaport Entertainment Group emphasized its strategic focus on enhancing operational efficiencies and optimizing its asset portfolio. The company reported a 1% year-over-year increase in total consolidated revenues to $39.8 million, driven largely by a 16% rise in the Entertainment segment, which saw 22 shows, including 15 sell-outs, at The Rooftop at Pier 17. Despite a 4% decline in overall hospitality revenues, the same-store hospitality rose by 1%, reflecting strength in new ventures like Gitano. The company also highlighted significant leasing activity, with two long-term leases signed in the Seaport neighborhood, and strategic restructuring efforts, including obtaining full control of the Tin Building joint venture with Jean-Georges Restaurants. Additionally, Seaport Entertainment Group reported an improvement in net loss attributable to common stockholders, reducing it by 58% year-over-year to $14.8 million. The company remains focused on finalizing plans for key assets like 250 Water Street and expects to achieve operational breakeven by 2026.

Strong Entertainment Segment Performance

The Entertainment segment saw a 16% year-over-year increase in revenue, with a 122% increase in operating EBITDA. This was driven by additional concerts and strong sponsorship and concession revenue.

Successful Concert Series

The Rooftop at Pier 17 had a strong summer concert season with 22 shows in Q2 2025, including 15 sold-out performances. The sell-through rate was over 90%.

Notable Leasing Progress

Seaport signed two long-term leases with Willett's New York City and Cork Wine Bar, increasing occupancy in the Seaport neighborhood.

Nike Lease Termination Opportunity

Nike's early termination of their lease at Pier 17, with a $4 million termination payment, provides Seaport with the opportunity to expand hospitality and entertainment businesses.

Las Vegas Aviators' Success

The Las Vegas Aviators secured a playoff spot and added two additional home games, reflecting a strong performance in the Pacific Coast League.

Financial Improvements

Q2 2025 net loss improved by 58% year-over-year, with a non-GAAP adjusted net loss improvement of 74%.

Seaport Entertainment Group Inc. (SEG) 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

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SEG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	- / -	-5.7	―	―	―
Aug 11, 2025	2025 (Q2)	- / -1.16	-5.457	78.67% (+4.29)	―
May 12, 2025	2025 (Q1)	- / -2.51	-6.873	63.45% (+4.36)	―
Mar 10, 2025	2024 (Q4)	- / -3.28	―	―	―
Nov 07, 2024	2024 (Q3)	- / -5.70	-111.126	94.87% (+105.43)	―	―

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

SEG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$24.00	$23.50	-2.08%
May 12, 2025	$19.23	$19.44	+1.09%
Mar 10, 2025	$22.11	$22.15	+0.18%
Nov 07, 2024	$28.92	$28.47	-1.56%

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 Seaport Entertainment Group Inc. (SEG) report earnings?

Seaport Entertainment Group Inc. (SEG) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Seaport Entertainment Group Inc. (SEG) earnings time?

Seaport Entertainment Group Inc. (SEG) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is SEG EPS forecast?

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