Latest news with #SphereEntertainment
Yahoo
3 days ago
- Business
- Yahoo
Dave & Buster's (PLAY) To Report Earnings Tomorrow: Here Is What To Expect
Arcade company Dave & Buster's (NASDAQ:PLAY) will be announcing earnings results tomorrow after market hours. Here's what investors should know. Dave & Buster's missed analysts' revenue expectations by 2% last quarter, reporting revenues of $534.5 million, down 10.8% year on year. It was a slower quarter for the company, with a miss of analysts' same-store sales estimates and a slight miss of analysts' adjusted operating income estimates. Is Dave & Buster's a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Dave & Buster's revenue to decline 3.3% year on year to $568.4 million, a further deceleration from the 1.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.01 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Dave & Buster's peers in the leisure facilities segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Sphere Entertainment's revenues decreased 12.7% year on year, meeting analysts' expectations, and Live Nation reported a revenue decline of 11%, falling short of estimates by 2.8%. Sphere Entertainment traded up 9.3% following the results while Live Nation was also up 1.9%. Read our full analysis of Sphere Entertainment's results here and Live Nation's results here. Investors in the leisure facilities segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Dave & Buster's is up 7.9% during the same time and is heading into earnings with an average analyst price target of $25.29 (compared to the current share price of $23.86). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
04-06-2025
- Business
- Yahoo
Vail Resorts (MTN) Reports Earnings Tomorrow: What To Expect
Luxury ski resort company Vail Resorts (NYSE:MTN) will be reporting results tomorrow after market close. Here's what to look for. Vail Resorts met analysts' revenue expectations last quarter, reporting revenues of $1.14 billion, up 5.5% year on year. It was a mixed quarter for the company, with a decent beat of analysts' skier visits estimates. It reported 7.76 million skier visits, up 6.8% year on year. Is Vail Resorts a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Vail Resorts's revenue to grow 1.2% year on year to $1.30 billion, slowing from the 3.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $10.06 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vail Resorts has missed Wall Street's revenue estimates five times over the last two years. Looking at Vail Resorts's peers in the leisure facilities segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Sphere Entertainment's revenues decreased 12.7% year on year, meeting analysts' expectations, and Live Nation reported a revenue decline of 11%, falling short of estimates by 2.8%. Sphere Entertainment traded up 9.3% following the results while Live Nation was also up 1.9%. Read our full analysis of Sphere Entertainment's results here and Live Nation's results here. There has been positive sentiment among investors in the leisure facilities segment, with share prices up 5.4% on average over the last month. Vail Resorts is up 13.5% during the same time and is heading into earnings with an average analyst price target of $181.87 (compared to the current share price of $156.01). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
1 Growth Stock to Stash and 2 to Approach with Caution
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market's punishment can be swift and severe when trajectories fall. The risks that can come from buying these assets is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. That said, here is one growth stock expanding its competitive advantage and two climbing an uphill battle. One-Year Revenue Growth: +40.7% Founded by a former Tesla Vice President, Lucid Group (NASDAQ:LCID) designs, manufactures, and sells luxury electric vehicles with long-range capabilities. Why Does LCID Worry Us? Negative gross margin means it loses money on every sale and must pivot or scale quickly to survive Cash-burning tendencies make us wonder if it can sustainably generate shareholder value Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders At $2.82 per share, Lucid trades at 4.9x forward price-to-sales. To fully understand why you should be careful with LCID, check out our full research report (it's free). One-Year Revenue Growth: +23.5% Famous for its viral Las Vegas Sphere venue, Sphere Entertainment (NYSE:SPHR) hosts live entertainment events and distributes content across various media platforms. Why Do We Avoid SPHR? 2.4% annual revenue growth over the last five years was slower than its consumer discretionary peers Negative free cash flow raises questions about the return timeline for its investments Short cash runway increases the probability of a capital raise that dilutes existing shareholders Sphere Entertainment's stock price of $38.05 implies a valuation ratio of 7.7x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than SPHR. One-Year Revenue Growth: +21.7% Founded in 1969 by a group of former Fairchild semiconductor executives led by Jerry Sanders, Advanced Micro Devices (NASDAQ:AMD) is one of the leading designers of computer processors and graphics chips used in PCs and data centers. Why Do We Like AMD? Impressive 30.8% annual revenue growth over the last five years indicates it's winning market share this cycle Projected revenue growth of 16.4% for the next 12 months indicates demand will rise above its two-year trend Earnings growth has massively outpaced its peers over the last five years as its EPS has compounded at 37.2% annually AMD is trading at $114.40 per share, or 25.5x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Sphere Entertainment (SPHR) Reports Q1 Loss, Tops Revenue Estimates
Sphere Entertainment (SPHR) came out with a quarterly loss of $2.27 per share versus the Zacks Consensus Estimate of a loss of $2.48. This compares to loss of $1.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.47%. A quarter ago, it was expected that this company would post a loss of $2.15 per share when it actually produced a loss of $3.49, delivering a surprise of -62.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Sphere Entertainment , which belongs to the Zacks Media Conglomerates industry, posted revenues of $280.57 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $321.33 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Sphere Entertainment shares have lost about 26.1% since the beginning of the year versus the S&P 500's decline of -4.3%. While Sphere Entertainment has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Sphere Entertainment: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$1.99 on $282.18 million in revenues for the coming quarter and -$5.40 on $1.19 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Media Conglomerates is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Atlanta Braves Holdings, Inc. (BATRA), is yet to report results for the quarter ended March 2025. The results are expected to be released on May 12. This company is expected to post quarterly loss of $0.94 per share in its upcoming report, which represents a year-over-year change of -13.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Atlanta Braves Holdings, Inc.'s revenues are expected to be $35.2 million, down 5.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sphere Entertainment Co. (SPHR) : Free Stock Analysis Report Atlanta Braves Holdings, Inc. (BATRA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Skift
08-05-2025
- Business
- Skift
Sphere Entertainment's Future Venues: Smaller, Cheaper, Faster
James Dolan's Sphere Entertainment Co. posted yet another three months of losses. Growth is still his number one goal, so he's going to make future Spheres smaller and cheaper. Sphere Entertainment Co. has said it will soon roll out a new global development plan that focuses on smaller and cheaper venues so it can more easily expand. "We're definitely talking worldwide about Sphere," said Chairman and CEO James Dolan on Thursday's Q1 earnings call. "But we do have another initiative that I think is very important that we are undertaking this year. We're right in the middle of designing a smaller Sphere deployable in markets inside and out of the U.S. The strategy there is to build faster, cheaper, and have an ROI that makes investors enthusiastic." "I expect by the end of the year, I expect we'll be talking about that smaller Sphere product as another way of expanding the business, as well as continuing to build [larger] Spheres like in Abu Dhabi and other markets." No other markets have been named yet beyond Vegas and Abu Dhabi, but Skift looked at the company's trademark filings last October, which included IPs for Oman and Qatar. For the quarter, the Sphere segment of the Sphere Entertainment business had revenue of $157.5 million, an 8% decline. The operating loss was $93.8 million. One bright spot was events, where revenue jumped $25.6 million, with the Vegas venue offering 10 more shows than in the prior year's quarter. "When you look at the company and the development, it's all about growth," said Dolan. "It's all about our ability to take what we see as a great product and expand it across the globe. For questions on how we use our capital, it's done primarily towards growth so we can make the business bigger and the goals we have for it, versus necessarily returning capital to shareholders." "I take a look at this new project of building a smaller sphere and it's a tremendous opportunity." The company's Sphere in Las Vegas cost an estimated $2.3 billion to construct and has a seating capacity of 20,000. A second Sphere in Abu Dhabi (after a failed attempt in London) is confirmed to be a similar size to its Sin City counterpart, but the price tag and opening date have yet to be revealed.
