Sphere Entertainment (SPHR) Q3 Earnings: What To Expect [Yahoo! Finance]
Sphere Entertainment Co. Class A (SPHR)
Company Research
Source: Yahoo! Finance
Sphere Entertainment met analysts' revenue expectations last quarter, reporting revenues of $273.4 million, up 112% year on year. It was a decent quarter for the company, with an impressive beat of analysts' operating margin estimates. Is Sphere Entertainment a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Sphere Entertainment's revenue to grow 88.1% year on year to $222 million, a reversal from the 4.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.20 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sphere Entertainment has missed Wall Street's revenue estimates six times over the last two years. Looking at Sphere Entertainment's peers in the leisure facilities segment, some have already reported their Q3 results, gi
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