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TKO Group Swings to Q3 Earnings, Revenue Rises; 2024 Guidance Updated
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TKO Group Swings to Q3 Earnings, Revenue Rises; 2024 Guidance Updated
Nov 9, 2024 11:45 AM

05:44 PM EST, 11/06/2024 (MT Newswires) -- TKO Group ( TKO ) reported Q3 earnings late Wednesday of $0.28 per diluted share, compared with a loss of $0.26 a year earlier.

Analysts polled by Capital IQ expected $0.58.

Revenue in the three months ended Sept. 30 rose to $681.2 million from $449.1 million a year earlier.

Analysts surveyed by Capital IQ expected $663.7 million.

The company expects 2024 revenue at the upper end of previous guidance of $2.67 billion to $2.745 billion. Analysts surveyed by Capital IQ expect $2.758 billion.

Price: 118.25, Change: -1.97, Percent Change: -1.64

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