MSG Entertainment (NYSE:MSGE) Announces Quarterly Earnings Results, Misses Estimates By $0.60 EPS

MSG Entertainment (NYSE:MSGE) issued its earnings results on Thursday. The company reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.16 by ($0.60), Zacks reports. MSG Entertainment had a negative return on equity of 227.66% and a net margin of 13.15%.

MSG Entertainment Stock Performance

Shares of MSG Entertainment stock traded up $0.64 during trading hours on Monday, reaching $37.37. The company’s stock had a trading volume of 108,326 shares, compared to its average volume of 381,533. MSG Entertainment has a one year low of $32.40 and a one year high of $44.14. The company has a market capitalization of $1.80 billion, a P/E ratio of 14.29, a P/E/G ratio of 3.26 and a beta of 0.05. The stock’s fifty day simple moving average is $35.41 and its two-hundred day simple moving average is $38.48.

MSG Entertainment Company Profile

Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.