Madison Square Garden Entertainment Corp (MSGE) reported better-than-expected financial results for the first quarter of fiscal 2026. The company's earnings per share (EPS) came in at $-0.17, surpassing Wall Street's consensus estimate of $-0.54 by $0.37. Revenue matched expectations at $0.2 billion.
The results highlight the company's operational resilience within the media industry. Madison Square Garden operates a range of venues, including New York's iconic Madison Square Garden and Radio City Music Hall, showcasing various sporting events and concerts. As of November 8, 2025, the company had a market capitalization of $2,207.37 million and a trailing twelve-month price-to-earnings (P/E) ratio of 58.97.
Management will host an earnings conference call at BMO to discuss these results and provide further commentary on business performance. Investors are encouraged to review the full earnings release and listen to the management's insights for a comprehensive understanding of the quarter's performance and future outlook.
Madison Square Garden Entertainment Corp, which went public on April 17, 2023, employs approximately 1,200 full-time staff and features franchises in professional sports, including the NBA's Knicks and the NHL's Rangers. The company's upcoming earnings report is scheduled for February 3, 2026, with an EPS estimate of 2.5636 and revenue expectations of $0.5 billion.