Overview
Baseball franchise's 2025 revenue grew 11% yr/yr, driven by broadcasting and real estate gains
Adjusted OIBDA for 2025 rose 172% yr/yr, driven by revenue growth and cost reductions
Operating loss improved by $26 mln to $(14) mln, despite remaining negative
Outlook
Company did not provide specific guidance for future quarters or full year
Result Drivers
BROADCASTING REVENUE - Baseball revenue FY growth driven by additional streaming rights and contractual rate increases
REAL ESTATE INCOME - Mixed-Use Development FY revenue rose due to new leases and real estate acquisition
COST REDUCTION - Improved operating loss due to reduced baseball operating costs
Company press release: ID:nBw9Q57xxa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Baseball Revenue | $34.76 mln | ||
Q4 Adjusted OIBDA | $3.50 mln | ||
Q4 Operating Income | -$49.79 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Atlanta Braves Holdings Inc is $65.00, about 37% above its February 24 closing price of $47.45
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)