MSG Entertainment (NYSE:MSGE) Announces Earnings Results

MSG Entertainment (NYSE:MSGEGet Free Report) announced its earnings results on Thursday. The company reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.61 by ($1.05), Zacks reports. MSG Entertainment had a net margin of 13.15% and a negative return on equity of 227.66%.

MSG Entertainment Price Performance

MSGE opened at $36.79 on Friday. The business’s 50-day moving average is $35.41 and its two-hundred day moving average is $38.48. The firm has a market capitalization of $1.77 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 3.26 and a beta of 0.05. MSG Entertainment has a 1 year low of $32.40 and a 1 year high of $44.14.

About MSG Entertainment

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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.

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