Atlanta Braves Holdings (BATRK) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $0.10 per share a year ago.
Atlanta Braves Holdings (BATRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Atlanta Braves' early playoff exit should have limited financial impact, with a slight revenue dip but continued strong fan engagement and ticket sales. The Braves' postseason appearance and high season ticket renewal rates indicate robust fan support and potential revenue growth for 2025. Voting shares (BATRA) are less liquid and offer minimal voting power compared to non-voting shares (BATRK), making BATRK a better investment.
Here is how Atlanta Braves Holdings (BATRK) and Federal Signal (FSS) have performed compared to their sector so far this year.
Here is how Atlanta Braves Holdings (BATRK) and Federal Signal (FSS) have performed compared to their sector so far this year.
Here is how Atlanta Braves Holdings (BATRK) and Federal Signal (FSS) have performed compared to their sector so far this year.
Atlanta Braves Holdings (BATRK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Atlanta Braves Holdings (BATRK) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to loss of $0.55 per share a year ago.
The Q1 financial performance for Atlanta Braves Holdings matched the teams' hot start to the season, 4th best record in the National League. Baseball revenue was steady, real estate growth has been strong, with losses slightly higher due to player salaries and expenses. Comparable transactions in baseball and basketball show the Braves' valuation is laughably cheap, with the potential for a future sale due to high team values in other leagues.