NASDAQ$BATRK

Atlanta Braves Holdings IN-C · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Atlanta Braves Holdings reported an increase in total revenue, driven by growth in both baseball and mixed-use development revenues, but experienced a decrease in operating income due to increased baseball operating costs.

Atlanta Braves Holdings reported a 7% increase in total revenue for the third quarter of 2024, reaching $291 million. Baseball revenue increased by 7% to $273 million, and mixed-use development revenue grew by 12% to $17 million. However, operating income decreased by 59% to $6.4 million due to increased baseball operating costs.

  • Total revenue grew to $291 million, a 7% increase from the prior year period.
  • Baseball revenue increased 7% to $273 million.
  • Mixed-use development revenue grew 12% to $17 million.
  • Operating income decreased 59% to $6.4 million due to increased baseball operating costs.

Headline financials

Total Revenue

$291M

Previous: $272M+6.9%
EPS

$0.16

Previous: -$0.40+140.0%
Capital Expenditures

-$16.5M

Previous: -$15.6M-5.6%
Free Cash Flow

$10M

Previous: -$6.05M+265.7%
Net Income

$10M

Previous: -$6.05M+265.7%
Operating Income

$6.4M

Previous: $15.7M-59.3%
Cash & Equivalents

$101M

Previous: $107M-5.5%
Total Assets

$1.56B

Previous: $1.52B+2.5%
Stock-Based Comp

$6.37M

Previous: $3.31M+92.4%

Revenue & EPS history

Atlanta Braves · Revenue · Quarterly

$291M

Q3 2024+6.9%vs Q3 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Atlanta Braves · $732M total across 2 segments · Q4 2025

  • Baseball
    $635M
  • Mixed-Use Development
    $97M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.8%

Avg return

30 days after

42%

16 / 38 earnings

Positive

+8.2%

Q1 2020

Best reaction

-4.4%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%-0.6%+0.0%
Q4 2025+1.6%+1.4%-3.7%
Q3 2025-1.8%-4.8%-5.5%
Q1 2025+1.1%+2.0%+7.9%
Q4 2024+0.7%+2.8%+2.6%
Q3 2024-0.1%+1.5%+0.5%
Q2 2024+0.3%-0.8%-3.3%
Q1 2024+0.8%-2.9%+2.3%
Q4 2023-1.0%-1.7%-1.2%
Q3 2023-0.4%-4.7%+0.3%
Q2 2023-4.4%-3.6%-7.7%
Q1 2023-1.8%-0.9%-5.5%
Q4 2022+1.5%+2.7%+0.7%
Q3 2022+1.2%+0.1%+8.5%
Q2 2022-0.5%-2.5%-1.2%
Q1 2022-4.0%-3.1%+2.4%
Q4 2021-2.2%-1.0%+9.9%
Q3 2021-0.1%-4.9%-8.5%
Q2 2021-1.9%-1.9%-2.8%
Q1 2021-2.5%-4.7%-3.0%
Q4 2020+2.7%+4.8%-1.2%
Q3 2020-0.4%+13.9%+27.1%
Q2 2020+7.8%+6.1%+1.6%
Q1 2020+8.2%-1.7%+13.7%
Q4 2019-3.2%-4.8%-34.3%
Q3 2019-2.6%-5.3%-0.7%
Q2 2019+0.5%-0.9%-1.9%
Q1 2019-0.5%-2.1%-1.6%
Q4 2018-1.0%-2.6%-2.8%
Q3 2018-2.8%-4.4%-2.9%
Q2 2018+3.5%+3.7%+2.5%
Q1 2018+0.9%+4.7%+8.9%
Q4 2017+3.6%+3.0%-0.6%
Q3 2017-1.1%-4.7%-4.7%
Q2 2017-0.2%+1.3%+1.7%
Q1 2017-0.2%-0.8%+0.5%
Q4 2016+6.4%+2.4%+10.2%
Q3 2016+1.0%+19.6%+22.0%
Q4 2015
Q2 2015
Q1 2015
Q4 2014

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