MSG Entertainment: Fiscal Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Madison Square Garden Entertainment Corp. (MSGE) on Wednesday reported fiscal first-quarter earnings of $8.9 million.

On a per-share basis, the New York-based company said it had profit of 19 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The live entertainment company posted revenue of $217.1 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $206.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSGE at https://www.zacks.com/ap/MSGE