Atlanta Braves 2025 revenue rises 11% on broadcasting, real estate gains

Reuters
02/25
<a href="https://laohu8.com/S/BATRB">Atlanta Braves</a> 2025 revenue rises 11% on broadcasting, real estate gains

Overview

  • Baseball franchise's 2025 revenue grew 11% yr/yr, driven by broadcasting and real estate gains

  • Adjusted OIBDA for 2025 rose 172% yr/yr, driven by revenue growth and cost reductions

  • Operating loss improved by $26 mln to $(14) mln, despite remaining negative

Outlook

  • Company did not provide specific guidance for future quarters or full year

Result Drivers

  • BROADCASTING REVENUE - Baseball revenue FY growth driven by additional streaming rights and contractual rate increases

  • REAL ESTATE INCOME - Mixed-Use Development FY revenue rose due to new leases and real estate acquisition

  • COST REDUCTION - Improved operating loss due to reduced baseball operating costs

Company press release: ID:nBw9Q57xxa

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Baseball Revenue

$34.76 mln

Q4 Adjusted OIBDA

$3.50 mln

Q4 Operating Income

-$49.79 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the leisure & recreation peer group is "buy"

  • Wall Street's median 12-month price target for Atlanta Braves Holdings Inc is $65.00, about 37% above its February 24 closing price of $47.45

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10