earnings
confidence high
sentiment positive
materiality 0.65
Atlanta Braves Holdings reports FY 2024 revenue up 3% to $663M; operating loss narrows
Atlanta Braves Holdings, Inc.
2024-FY EPS reported
-$0.50
revenue$662,748,000
- Full-year total revenue $662.7M (+3% YoY); baseball revenue up 2% to $595.4M.
- Mixed-use development revenue $67.3M (+14% YoY); Adjusted OIBDA from that segment up 15% to $45M.
- Full-year operating loss improved to $39.7M from $46.4M; Adjusted OIBDA $39.7M (+5%).
- Q4 revenue $52.1M (-23% YoY) due to fewer home games; Q4 operating loss improved to $18.6M.
- Baseball operating costs up 5% due to MLB revenue sharing and player salaries; SG&A down 2%.