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Sphere Entertainment Earnings Estimate

SPHR Stock   36.50  0.28  0.77%   
By analyzing Sphere Entertainment's earnings estimates, investors can diagnose different trends across Sphere Entertainment's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Sphere Entertainment Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Sphere Entertainment is projected to generate -1.64 in earnings per share on the 30th of June 2024. Sphere Entertainment earnings estimates module stress-tests analyst consensus about projected Sphere Entertainment Co EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Sphere Entertainment, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Sphere Entertainment's earnings estimates, investors can diagnose different trends across Sphere Entertainment's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Sphere Entertainment's Gross Profit is relatively stable compared to the past year. As of 06/03/2024, Pretax Profit Margin is likely to grow to 0.45, though Operating Profit Margin is likely to grow to (0.52).
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sphere Entertainment Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Sphere Entertainment Earnings per Share Projection vs Actual

About Sphere Entertainment Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Sphere Entertainment earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Sphere Entertainment estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Sphere Entertainment fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings243.8 M256 M
Earnings Yield 0.48  0.50 
Price Earnings Ratio 2.17  1.12 
Price Earnings To Growth Ratio(0)(0.01)

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When determining whether Sphere Entertainment is a strong investment it is important to analyze Sphere Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sphere Entertainment's future performance. For an informed investment choice regarding Sphere Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sphere Entertainment Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Sphere Entertainment information on this page should be used as a complementary analysis to other Sphere Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Sphere Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sphere Entertainment. If investors know Sphere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sphere Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.99
Revenue Per Share
25.14
Quarterly Revenue Growth
0.983
Return On Assets
(0.03)
Return On Equity
0.0893
The market value of Sphere Entertainment is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Sphere Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sphere Entertainment's market value can be influenced by many factors that don't directly affect Sphere Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sphere Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.