MSG Networks Inc. (NYSE:MSGN) is set to announce first quarter earning results on Monday 2nd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, MSGN to report 1Q21 income of $ 0.64 per share.
For the full year, analysts anticipate top line of $ 670.30 million, while looking forward to income of $ 2.64 per share bottom line.
Previous Quarter Performance
MSG Networks Inc. communicated income for the fourth quarter of $ 0.97 per share, from the revenue of $ 152.11 million. The consensus estimates are income of $ 0.65 per share from $ 161.87 million in revenue. The bottom line results beat street analysts by $ 0.32 or 49.23 percent, at the same time, top line results fell short of analysts by $ 9.76 million or 6.03 percent.
Stock Performance
On Friday, shares of MSG Networks Inc. has traded high as $ 9.06 and has cracked $ 8.77 on the downward trend, reaching $ 8.94 with volume of 619.70 thousand shares.
According to the previous trading day, closing price of $ 8.94, representing a 5.63 % increase from the 52 week low of $ 8.52 and a 51.46 % decrease over the 52 week high of $ 18.54.
The company has a market capital of $ 510.01 million and is part of the Consumer Cyclical sector and Media – Diversified industry.
Conference Call
MSG Networks Inc. will be hosting a conference call at 10:00 AM eastern time on 2nd November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.msgnetworks.com
MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States. The company owns and operates MSG Network and MSG+, which are regional sports and entertainment networks.
