• Madison Square Garden Entertainment Corp MSGE.N reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of eight analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 16 cents to 42 cents per share.

• Revenue rose 6.2% to $242.47 million from a year ago; analysts expected $231.13 million.

• Madison Square Garden Entertainment Corp's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $8.04 million.

• Madison Square Garden Entertainment Corp shares had risen by 3.8% this quarter and lost 4.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"

• Wall Street's median 12-month price target for Madison Square Garden Entertainment Corp is $45.50

This summary was machine generated from LSEG data May 6 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)