Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
The Las Vegas Sphere has hosted several musical acts since opening. A new report links the venue with a singer who has one of the highest grossing tours ever.
J.P. Morgan analyst David Karnovsky has reiterated an Overweight rating on Sphere Entertainment shares, lowering the price target from $57 to $54. Despite stronger-than-expected earnings in Q4, the stock dropped 14%.
Content production and distribution company Sphere Entertainment (NYSESPHR) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 1.9% year on year to $308.3 million. Its GAAP loss of $3.49 per share was 76.7% below analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure facilities stocks fared in Q3, starting with Sphere Entertainment (NYSESPHR).
Over the past six months, Sphere Entertainment’s stock price fell to $41.39. Shareholders have lost 7.7% of their capital, which is disappointing considering the S&P 500 has climbed by 8%. This might have investors contemplating their next move.
JP Morgan analyst David Karnovsky shared views on the impact of the Optimum-MSGN carriage battle on Sphere Entertainment and Madison Square Garden Sports.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure facilities stocks fared in Q3, starting with Live Nation (NYSELYV).
Nvidia Corporation (NASDAQNVDA) will be one of the many companies highlighted at the upcoming CES 2025 conference, with CEO Jensen Huang giving a keynote
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Life Time (NYSELTH) and its peers.
Content production and distribution company Sphere Entertainment (NYSESPHR) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 93.1% year on year to $227.9 million. Its GAAP loss of $2.95 per share was 1,613% below analysts’ consensus estimates.
