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MSGEMadison Square Garden EntertainSell6.4·$78.49

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

Adjusted 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 — adjusted 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 2026-09-24

Where TrendMatrix's rating stands now

TrendMatrix currently rates MSGE Sell at 6.4/10.

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
$78.49
Price target
$79.71
Stop
$73.47
Upside to target
+1.6%
Reward-to-risk
0.2:1

The stock trades at 58.1× trailing but 27.0× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-09-24 — 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
$3.71B
P/E (fwd)
27.0
P/E (ttm)
58.1
52-week range
$41.65$90.41
Off 52-week high
13.2%
RSI (14)
54
Volume vs avg
0.61×
Score today
6.4/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from 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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