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Stock impact report

Endeavor revenue tops Street view, earnings outlook hiked [MarketWatch]

Endeavor Group Holdings, Inc. Class A (EDR) 
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: edrtrust.com
Company Research Source: MarketWatch
Referenced Symbols Endeavor Group Holdings Inc. shares recovered from an initial drop in the extended session Thursday after the sports and entertainment company reported revenue that topped Wall Street expectations, and hiked the outlook on one of its earnings metrics. Endeavor EDR, parent company of the William Morris and IMG agencies as well as UFC, reported second-quarter net income of $25.8 million, or 9 cents a share, versus a loss of $319.6 million, or $1.24 a share, in the year-ago period. The company did not break out adjusted per-share earnings figures. Rather, the company reported that adjusted earnings before interest, taxes, depreciation and amortization rose to $306.4 million from $168 million in the year-ago period, while a consensus of analysts polled by FactSet had estimated $246.5 million. Revenue rose to $1.31 billion from $1.11 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast 4 cents a share, or 21 cents a share adjusted, on rev Show less Read more
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