earnings
confidence high
sentiment positive
materiality 0.70
MSG Entertainment Q4/FY2024 revenue up 13% to $959.3M, above guidance; AOI $211.5M
Madison Square Garden Entertainment Corp.
2024-FY EPS reported
$2.97
revenue$959,265,000
- FY2024 revenues $959.3M (+13% YoY); Q4 revenues $186.1M (+26% YoY).
- FY2024 operating income $111.9M, AOI $211.5M; both exceeded high-end of raised guidance ($940-950M rev, $100-110M OI, $200-210M AOI).
- Q4 operating loss improved to $8.9M from $21.8M; AOI rose to $13.1M from $0.7M.
- Hosted ~6.3M guests at 960+ events; Christmas Spectacular set record revenue with 1M+ tickets across 193 shows.
- CEO expects robust AOI growth in fiscal 2025.