From Seekingalpha · Sorrento Research · · 50s
Madison Square Garden Stock Expected Strong Q1 Earnings
Madison Square Garden's Q1 earnings to boost stock price with Harry Styles and Bon Jovi residencies.
In brief
Madison Square Garden's Q1 earnings to boost stock price with Harry Styles and Bon Jovi residencies. Madison Square Garden Entertainment's Q1 2027 earnings are expected to rise due to Harry Styles and Bon Jovi residencies, record Christmas Spectacular performances, and Knicks championship spillover. Originally…
Madison Square Garden Stock Rating
Sorrento Research maintains a Buy rating for Madison Square Garden Entertainment with strong earnings and concert lineups.
Q4 2026 Financial Results
MSGE reported 4QFY26 revenue up 26% YoY with entertainment revenue growing 29% and AOI swinging to $18.6 million.
Q1 2027 Earnings Drivers
Q1 2027 earnings expected to be strong due to Harry Styles and Bon Jovi residencies, record Christmas Spectacular performances, and Knicks championship spillover.
Valuation Justification
MSGE's 0.3x PEG and 13% forward EBITDA growth justify further stock price upside despite 50% YTD share price gain.
Here's the gist
Madison Square Garden Entertainment's Q1 2027 earnings are expected to rise due to Harry Styles and Bon Jovi residencies, record Christmas Spectacular performances, and Knicks championship spillover.
