High Expenses To Hurt Madison Square's (MSG) Q2 Earnings
Zacks Investment Research | Jan 28, 2019 08:42PM ET
The Madison Square (NYSE:SQ) Garden Company (NYSE:MSG) is scheduled to report second-quarter fiscal 2019 results on Feb 1, before the opening bell.
The company’s undoubted efficiencies in operations, and continual expansion through acquisitions and partnerships may have aided revenues in the fiscal second quarter. However, high costs stemming from ventures and partnerships are likely to have affected earnings.
The company is expected to tread on growth trajectory, given its first-class operations, coupled with innovations and the ability to deliver top-class experiences to guests. In a year, its shares have gained 30.7% against 17.5% collective decline of the Zacks Investment Research
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