Madison Square Garden Sports' Topline Climbs Amid Higher Ticket Sales, Yet Earnings Fall Short
Madison Square Garden Sports' Topline Climbs Amid Higher Ticket Sales, Yet Earnings Fall Short
Madison Square Garden Sports Corp (NYSE:MSGS) reported fiscal third-quarter 2024 revenue of $429.95 million, exceeding the Wall Street analyst estimate of $420.74 million. Revenue grew by 12% year over year.
麦迪逊广场花园体育公司（纽约证券交易所代码：MSGS）公布的2024财年第三季度收入为4.2995亿美元，超过了华尔街分析师估计的4.2074亿美元。收入同比增长12％。
This increase was primarily due to higher ticket-related revenues, suite revenues, food, beverage and merchandise sales, local media rights fees, and revenues from league distributions.
这一增长主要是由于与门票相关的收入、套房收入、食品、饮料和商品销售、当地媒体版权费以及联赛发行收入的增加。
The New York Knicks basketball team played five more regular-season home games at The Garden arena in the current year than in the prior year.
纽约尼克斯篮球队今年在花园竞技场的常规赛主场比赛比上年增加了五场。
Quarterly earnings per share totaled $1.57, missing the analyst consensus estimate of $2.60.
每股季度收益总额为1.57美元，未达到分析师普遍预期的2.60美元。
Madison Square reported an adjusted operating income of $88.7 million, up by 3% year over year, primarily due to the increase in revenues.
麦迪逊广场报告调整后的营业收入为8,870万美元，同比增长3％，这主要是由于收入的增加。
The ticket-related revenues increased by $29.9 million compared to the prior year period, primarily due to the Knicks playing additional games at The Garden and the higher average Knicks and New York Rangers hockey team per-game revenue.
与去年同期相比，与门票相关的收入增加了2990万美元，这主要是由于尼克斯队在花园打了更多的比赛，以及尼克斯队和纽约流浪者曲棍球队的平均每场比赛收入增加。
Suite revenues increased by $10.9 million compared to the prior year. Food, beverage, and merchandise sales increased by $4.3 million compared to the preceding year's period, primarily due to higher average per-game revenue.
与去年相比，套件收入增加了1,090万美元。食品、饮料和商品销售额与去年同期相比增长了430万美元，这主要是由于每场游戏的平均收入增加。
Local media rights fees increased by $1.3 million compared to the prior year, primarily due to contractual rate increases.
与去年相比，当地媒体版权费增加了130万美元，这主要是由于合同费率的提高。
The company held $44.7 million in cash and equivalents as of March 31, 2024.
截至2024年3月31日，该公司持有4,470万美元的现金及等价物。
Madison Square Garden Sports stock lost 10% in the past 12 months. Investors can gain exposure to the stock via Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) and ETC 6 Meridian Small Cap Equity ETF (NYSE:SIXS).
麦迪逊广场花园体育的股票在过去12个月中下跌了10％。投资者可以通过景顺标普小盘股公用事业与通信服务ETF（纳斯达克股票代码：PSCU）和ETC 6 Meridian小型股股票ETF（纽约证券交易所代码：SIXS）获得股票敞口。
MSGS Price Action: Madison Square Garden Sports shares are trading lower by 1.19% to $184.94 on the last check Thursday.
MSGS价格走势：麦迪逊广场花园体育股价在周四的最后一次支票中下跌1.19％，至184.94美元。
Photo: Pabkov via Shutterstock
照片：帕布科夫通过 Shutterstock