For the quarter ended June 2025, Sphere Entertainment (SPHR Quick QuoteSPHR - Free Report) reported revenue of $282.68 million, up 3.4% over the same period last year. EPS came in at -$2.71, compared to -$2.00 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $281.22 million, representing a surprise of +0.52%. The company delivered an EPS surprise of -72.61%, with the consensus EPS estimate being -$1.57.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Sphere Entertainment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Sphere: $175.6 million versus $172.6 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +16.1% change.
• Revenues- MSG Networks: $107.1 million versus the three-analyst average estimate of $108.95 million. The reported number represents a year-over-year change of -12.4%.
• Adjusted Operating Income (Loss)- Sphere: $24.9 million versus $14.47 million estimated by two analysts on average.
• Adjusted Operating Income (Loss)- MSG Networks: $36.5 million versus the two-analyst average estimate of $36.35 million.

View all Key Company Metrics for Sphere Entertainment here>>>

Shares of Sphere Entertainment have returned -6.2% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.