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Madison Square Garden (MSGS) Reports Q1 Loss, Lags Revenue Estimates

Madison Square Garden (MSGS) came out with a quarterly loss of 0.37pershareversustheZacksConsensusEstimateofalossof0.37 per share versus the Zacks Consensus Estimate of a loss of 1.04. This compares to a loss of 0.31pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+64.420.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +64.42%. A quarter ago, it was expected that this sports team and entertainment company would post a loss of 0.42 per share when it actually produced a loss of $0.07, delivering a surprise of +83.33%.Over the last ...