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MSGEMadison Square Garden EntertainSell6.2·$77.94+1.10%

Madison Square Garden Entertain (MSGE) Q2 2026 earnings — TrendMatrix coverage

BEAT · SMALLER LOSS+69.8% vs estimateEPS -$0.14 vs -$0.47 estVerdict SellHold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
-$0.14
Estimate
-$0.47
Surprise
+69.8%
Revenue (period 2026-06-30)
$271.1M
Score at report (before → after)
5.55.6/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Madison Square Garden Entertain (MSGE) reported a narrower loss than forecast — diluted EPS of -$0.14 against the -$0.47 estimate (a 69.8% beat on a still-unprofitable quarter). TrendMatrix's engine moved from Sell (5.5/10) to Hold at 5.6/10 after the report.

Current read · as of 2026-09-04

Where TrendMatrix's rating stands now

TrendMatrix currently rates MSGE Sell at 6.2/10.

3 of the last 4 quarters beat the estimate; this quarter's +69.8% surprise compares with a +31.6% four-quarter average. Next scheduled report: 2026-11-05.

What supports the rating

  • Strong earnings beat streak (3/4)
  • Strong growth profile

What argues against it

  • Analyst target reached - limited upside remaining
  • Sector modifier (Communication Services): -0.8
  • Leverage penalty (D/E 25.7): -1.5

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$77.94
Price target
$79.71
Stop
$73.44
Upside to target
+2.3%
Reward-to-risk
0.4:1

The stock trades at 56.0× trailing but 26.8× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: RSI 20 — a level conventionally read as oversold.

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Communication Services context

MSGE at TrendMatrix's latest read

Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.

Industry
Entertainment
Market cap
$3.68B
P/E (fwd)
26.8
P/E (ttm)
56.0
52-week range
$40.30$90.41
Off 52-week high
13.8%
RSI (14)
20
Volume vs avg
0.82×
Score today
6.2/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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