MSG Entertainment: Fiscal Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Madison Square Garden Entertainment Corp. (MSGE) on Wednesday reported fiscal second-quarter net income of $125.2 million.

On a per-share basis, the New York-based company said it had profit of $2.59.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.90 per share.

The live entertainment company posted revenue of $402.7 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $387.6 million.

MSG Entertainment expects full-year revenue in the range of $930 million to $950 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSGE at https://www.zacks.com/ap/MSGE