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Madison Square Garden (MSGS) Reports Q4 Loss, Beats Revenue Estimates

Madison Square Garden (MSGS) came out with a quarterly loss of 0.07pershareversustheZacksConsensusEstimateofalossof0.07 per share versus the Zacks Consensus Estimate of a loss of 0.42. This compares to earnings of 1.06pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+83.331.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +83.33%. A quarter ago, it was expected that this sports team and entertainment company would post earnings of 1.48 per share when it actually produced a loss of $0.59, delivering a surprise of -139.86%. Over t ...