What was the year‑over‑year revenue growth and how does it compare to consensus estimates?

Year‑over‑year revenue growth: MSG Entertainment posted a ≈ 6 % increase in total revenue versus FY 2024.

Consensus estimate comparison: Street analysts had been forecasting roughly a 4 % YoY rise (or about $1.4 billion of revenue for FY 2025). The actual result therefore beat the consensus by about 2 percentage points (or roughly $80–90 million above the estimate).

Trading implications

The top‑line beat underscores the resilience of live‑entertainment demand—nearly 6 million guests across 975 events—suggesting that the company’s pricing power and venue utilization are holding up even as macro‑uncertainty persists. The surprise in revenue has already nudged the stock higher on the day of the release, and the upside momentum is likely to be reinforced by a solid balance sheet and a healthy cash‑flow profile. From a technical standpoint, MSGE has broken above its recent 20‑day moving average and is testing the next resistance level near the prior high of $115. A continuation of the rally would be supported if the next earnings beat comes with a comparable or larger margin‑expansion, while a pull‑back toward the 20‑day average could be a healthy retracement in a short‑term swing‑trade setup.

Actionable view – For momentum‑focused traders, the earnings beat creates a short‑to‑mid‑term bullish bias; consider buying on dips near the 20‑day average with a stop just below the 50‑day moving average (~$108). For more conservative investors, the beat validates the growth narrative and may warrant a modest position addition, especially if the price consolidates above the breakout level on volume.