TKO Group Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

• TKO Group Holdings Inc TKO.N reported quarterly adjusted earnings of $1.33​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of eighteen analysts for the quarter was for earnings of $1.20 per share. Wall Street expected results to range from 50 cents to $1.72 per share.

• Revenue rose 21.4% to $1.36 billion from a year ago; analysts expected $1.38 billion.

• TKO Group Holdings Inc's reported EPS for the quarter was $1.33​.

• The company reported quarterly net income of $98.7 million.

• TKO Group Holdings Inc shares had risen by 4.2% this quarter and lost 10.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.1% in the last three months.​

• In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"

• Wall Street's median 12-month price target for TKO Group Holdings Inc is $230.00, about 15.9% above its last closing price of $193.48

This summary was machine generated from LSEG data November 4 at 10:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)