MSG Entertainment (NYSE:MSGE - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.56 EPS for the quarter, missing the consensus estimate of $2.16 by ($0.60), Zacks reports. MSG Entertainment had a negative return on equity of 227.66% and a net margin of 13.15%.
MSG Entertainment Trading Up 2.5 %
MSGE stock traded up $0.94 during trading on Monday, hitting $37.67. The company had a trading volume of 546,013 shares, compared to its average volume of 399,135. The company has a fifty day moving average price of $35.41 and a two-hundred day moving average price of $38.48. The company has a market cap of $1.81 billion, a P/E ratio of 14.32, a P/E/G ratio of 3.26 and a beta of 0.05. MSG Entertainment has a fifty-two week low of $32.40 and a fifty-two week high of $44.14.
Analyst Ratings Changes
Separately, Macquarie reissued an "outperform" rating and set a $45.00 price objective on shares of MSG Entertainment in a report on Monday.
Read Our Latest Stock Report on MSG Entertainment
About MSG Entertainment
(
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Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.
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