MSGE

First quarter revenue increased 37% year over year to $217 million. Management repurchased $25 million of Class A common stock during the quarter.

Madison Square Garden Entertainment Corp. (MSGE) Q1 2027 Earnings Call Transcript

The headline numbers for MSG Entertainment (MSGE) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to a loss of $0.46 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial results for the fiscal first quarter ended September 30, 2026. The fiscal 2027 first quarter was marked by a diverse slate of live entertainment offerings across the Company's portfolio of venues. This included a new record for the number of concerts in any quarter at the Madison Square Garden Arena (“The Garden”). Subsequent to the end of the quarter.

Mayor of New York City Zohran Mamdani has criticized the owner of Madison Square Garden, one of the city's largest entertainment venues, arguing that the company's surveillance technology should not be allowed.

MSG Entertainment (MSGE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2026 on Wednesday, November 4, 2026 at 10:30 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 833-461-5787 with the conference ID number 910557469 approximately 10 minutes prior to the call. The call will also be availa.

Madison Square Garden Entertainment remains a Buy, supported by robust earnings, strong concert lineups, and favorable tourism trends in New York City. MSGE posted 4QFY26 revenue up 26% YoY, with entertainment revenue growing 29% and AOI swinging to $18.6 million from a prior loss. 1QFY27 is expected to be strong, driven by Harry Styles and Bon Jovi residencies, record Christmas Spectacular performances, and Knicks championship spillover.

Zacks Media Conglomerates industry players like DIS, MSGE, PPLI and RSVR gain from the rising demand for high-speed Internet and increased media consumption.