Madison Square Garden Entertainment (MSGE) Reports Q1 Loss, Lags Revenue Estimates

Madison Square Garden Entertainment (MSGE) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 48.72%. A quarter ago, it was expected that this live entertainment company would post a loss of $0.57 per share when it actually produced earnings of $1.41, delivering a surprise of 347.37%.Over the la ...