Madison Square Garden (MSGS) Projected to Release Earnings on Friday

Key Points

• Madison Square Garden Sports is expected to report fiscal Q1 2027 results before the market opens on October 30, with analysts forecasting a $1.09 per-share loss and $40.61 million in revenue. The earnings call is scheduled for November 2.
• The company’s previous quarter significantly exceeded expectations, reporting $1.16 EPS versus the $0.64 consensus and $278.75 million in revenue versus $227.67 million; revenue rose 36.6% year over year.
• MSGS shares were down 5.5% and recently opened at $389.57, while analysts maintain a “Moderate Buy” consensus with an average price target of $471.20.

Madison Square Garden (NYSE:MSGS - Get Free Report) is anticipated to post its Q1 2027 results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of ($1.09) per share and revenue of $40.61 million for the quarter. Parties may visit the company's upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Monday, November 2, 2026 at 12:30 PM ET.

Madison Square Garden (NYSE:MSGS - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.52. The business had revenue of $278.75 million during the quarter, compared to the consensus estimate of $227.67 million. Madison Square Garden had a net margin of 0.67% and a negative return on equity of 3.47%. The firm's quarterly revenue was up 36.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.07) earnings per share. On average, analysts expect Madison Square Garden to post ($1.13) EPS for the current fiscal year and ($3.23) EPS for the next fiscal year.

Madison Square Garden Stock Down 5.5%

MSGS opened at $389.57 on Friday. The stock has a market cap of $9.38 billion, a price-to-earnings ratio of 1,298.61 and a beta of 0.62. Madison Square Garden has a twelve month low of $207.90 and a twelve month high of $438.93. The company's 50-day moving average price is $399.57 and its two-hundred day moving average price is $379.83.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Madison Square Garden from $450.00 to $485.00 and gave the stock an "overweight" rating in a research note on Friday, August 14th. Weiss Ratings upgraded Madison Square Garden from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, August 14th. Wall Street Zen upgraded Madison Square Garden from a "sell" rating to a "hold" rating in a research note on Sunday, August 23rd. Susquehanna increased their price objective on Madison Square Garden from $430.00 to $477.00 and gave the company a "positive" rating in a report on Friday, August 14th. Finally, Morgan Stanley raised Madison Square Garden from an "equal weight" rating to an "overweight" rating and set a $450.00 target price for the company in a research report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Madison Square Garden presently has an average rating of "Moderate Buy" and a consensus price target of $471.20.

About Madison Square Garden

Madison Square Garden Sports Corp. NYSE: MSGS is a sports and entertainment company that owns and operates professional sports franchises. Its principal assets include the New York Knicks of the National Basketball Association and the New York Rangers of the National Hockey League. The company also owns the NBA G League's Westchester Knicks and operates team-related businesses involving ticketing, sponsorships, media rights, merchandising and licensing.

Through its teams and related commercial activities, Madison Square Garden Sports serves fans primarily in the New York metropolitan area while reaching national and international audiences through league broadcasts, digital media, live events and branded merchandise.

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