Madison Square Garden Entertain (MSGE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$0.14
- Estimate
- -$0.47
- Surprise
- +69.8%
- Revenue (period 2026-06-30)
- $271.1M
- Score at report (before → after)
- 5.5 → 5.6/10
Revenue source: xbrl.
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.
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
- Concentration risk — Geographic: New York City
- Analyst target reached - limited upside remaining
- Sector modifier (Communication Services): -0.8
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.
The levels TrendMatrix's engine tracks
- Current price
- $79.19
- Price target
- $79.71
- Stop
- $75.51
- Upside to target
- +0.7%
- Reward-to-risk
- 0.1:1
The stock trades at 57.4× trailing but 27.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.9× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
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
- $3.75B
- P/E (fwd)
- 27.3
- P/E (ttm)
- 57.4
- 52-week range
- $41.65–$90.41
- Off 52-week high
- 12.4%
- RSI (14)
- 47
- Volume vs avg
- 1.89×
- Score today
- 6.2/10