Sphere Entertainment (NYSE:SPHR) is set to report earnings, with last quarter’s revenue missing expectations by 5.6% at $280.6 million, down 12.7% year on year. This quarter, analysts expect revenue to grow 11.6% to $305.1 million, with adjusted loss forecasted at -$1.42 per share. Peers like Live Nation and Planet Fitness have reported strong results, with Live Nation up 16.3% and Planet Fitness up 13.3%. Investors are holding steady, with Sphere Entertainment down 1% heading into earnings. Are generative AI stocks the next big thing? Find out more here.
Read more at StockStory Media: What To Expect From Sphere Entertainment’s (SPHR) Q2 Earnings