Madison Square Garden Entertainment (MSGE) reported fiscal Q2 earnings Thursday of $1.56 per diluted share, down from $2.59 a year earlier.
Analysts polled by FactSet expected $2.15.
Revenue for the quarter ended Dec. 31 was $407.4 million, up from $402.7 million a year earlier.
Analysts surveyed by FactSet expected $401.8 million.