NYSE$MSGE

Madison Square Garden Spinco · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

MSGE Q2 2024 — $403K revenue, 48.00 EPS

The Company’s financial statements prior to April 21, 2023 that are included in the results of operations for the three and six months ended December 31, 2022 were prepared on a stand-alone b. Madison Square Garden Spinco reported Q2 2024 results. Diluted EPS came in at $48.00. Net income of $125K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $403K.
  • Diluted EPS: $48.00.
  • Net income: $125K.
  • Operating income: $137K.

Headline financials

Total Revenue

$403M

No prior period
EPS

$2.59

No prior period
Free Cash Flow

$125M

No prior period
Net Income

$125M

No prior period
Operating Income

$137M

No prior period
Gross Profit

$187M

No prior period
Cash & Equivalents

$35.2M

No prior period
Total Assets

$1.42B

No prior period

Revenue & EPS history

MSG Spinco · Revenue · Quarterly

$403M

Q2 2024
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.9%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+4.9%

Avg return

30 days after

36%

4 / 11 earnings

Positive

+12.8%

Q3 2023

Best reaction

-9.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.3%-3.7%+6.8%
Q2 2026-2.6%-1.8%-4.3%
Q1 2026-0.6%+10.7%+16.3%
Q3 2025+4.8%+6.5%+11.6%
Q2 2025-0.3%+5.9%-11.2%
Q1 2025-9.1%-14.7%-12.8%
Q1 2024+0.9%-0.7%+0.3%
Q4 2024+0.0%+0.6%+15.0%
Q3 2024+0.0%+1.5%-0.2%
Q2 2024+4.0%+6.2%+9.7%
Q3 2023+12.8%+19.9%+23.0%

Discussion

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