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Sphere Entertainment (SPHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Sphere Entertainment (SPHR - Free Report) reported $274.26 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.5%. EPS of -$0.98 for the same period compares to -$1.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $269.24 million, representing a surprise of +1.87%. The company delivered an EPS surprise of +45.25%, with the consensus EPS estimate being -$1.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: $198.9 million versus $197.15 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
Revenues- MSG Networks: $75.4 million compared to the $72.29 million average estimate based on four analysts. The reported number represents a change of -14.7% year over year.
Adjusted Operating Income (Loss)- Sphere: $32.4 million versus the four-analyst average estimate of $31.93 million.
Adjusted Operating Income (Loss)- MSG Networks: $6.8 million compared to the $1.53 million average estimate based on four analysts.
Operating Income (Loss)- Sphere: $-67 million versus the two-analyst average estimate of $-65.72 million.
Shares of Sphere Entertainment have returned +2.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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Sphere Entertainment (SPHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Sphere Entertainment (SPHR - Free Report) reported $274.26 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.5%. EPS of -$0.98 for the same period compares to -$1.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $269.24 million, representing a surprise of +1.87%. The company delivered an EPS surprise of +45.25%, with the consensus EPS estimate being -$1.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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:View all Key Company Metrics for Sphere Entertainment here>>>
Shares of Sphere Entertainment have returned +2.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.