Revenue: US$282.7m (up 3.4% from 2Q 2024).
Net income: US$151.8m (up from US$71.2m loss in 2Q 2024).
Profit margin: 54% (up from net loss in 2Q 2024).
EPS: US$4.18 (up from US$2.00 loss in 2Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Entertainment industry in the US.
Performance of the American Entertainment industry.
The company’s shares are down 6.5% from a week ago.
Before you take the next step you should know about the 2 warning signs for Sphere Entertainment (1 can’t be ignored!) that we have uncovered.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source finance.yahoo.com ’
