NYSE$MSGE

Madison Square Garden Spinco · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

MSGE Q3 2024 — n/d 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 nine months ended March 31, 2023 were prepared on a stand-alone bas. Madison Square Garden Spinco reported Q3 2024 results. Diluted EPS came in at $48.00. Net income of $77K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $48.00.
  • Net income: $77K.
  • Operating income: $17K.

Headline financials

Total Revenue

$228M

Previous: $201M+13.5%
EPS

$0.06

Previous: $0.42-85.7%
Free Cash Flow

$2.8M

Previous: $21.7M-87.1%
Net Income

$2.8M

Previous: $21.7M-87.1%
Operating Income

$16.8M

Previous: $24.7M-31.9%
Gross Profit

$73.1M

Previous: $71.3M+2.5%
Cash & Equivalents

$28M

No prior period
Total Assets

$1.46B

Previous: $1.55B-5.6%

Revenue & EPS history

MSG Spinco · Revenue · Quarterly

$228M

Q3 2024+13.5%vs Q3 2023
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 Q3 2024

Historical avgQ3 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%

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