Endeavor Group Holdings GAAP EPS Misses Expectations Despite Revenue Beat
May 10, 2023
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Endeavor Group ($NYSE:EDR) Holdings has reported its quarterly earnings results, missing expectations for its GAAP EPS but exceeding expectations for its revenue. The company posted a GAAP EPS of $0.03, which is $0.07 lower than the expected figure. On the other hand, their revenue of $1.6B was a pleasant surprise, beating estimates by $30M. It operates in over 30 countries and is known for its marquee assets such as professional sports, media, and entertainment.
Additionally, Endeavor Group Holdings is the parent company of some of the world’s biggest entertainment names including UFC, IMG, and Professional Bull Riders.
Earnings
ENDEAVOR GROUP Holdings recently reported its FY2022 Q4 earnings, announcing total revenue of 1260.44M USD, representing a 16.3% decrease from the previous year. Net income was 206.18M USD. Unfortunately, the company’s GAAP earnings per share still missed analyst expectations.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Endeavor Group. More…
| Total Revenues | Net Income | Net Margin |
| 5.27k | 129.13 | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Endeavor Group. More…
| Operations | Investing | Financing |
| 502.93 | -704.53 | -549.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Endeavor Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.5k | 9.2k | 6.88 |
Key Ratios Snapshot
Some of the financial key ratios for Endeavor Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | 39.4% | 3.4% |
| FCF Margin | ROE | ROA |
| 6.7% | 5.8% | 0.9% |
Share Price
On Tuesday, Endeavor Group Holdings (ENDEAVOR GROUP) reported their quarterly financial results that showed the company missing analyst expectations for the EPS (Earnings Per Share) on a GAAP (Generally Accepted Accounting Principles) basis, despite a revenue beat. This news saw ENDEAVOR GROUP stock open at $25.2 and close at $24.9, marking a decrease of 1.0% from the last closing price of 25.2. Investors reacted negatively to the missed EPS expectations as the stock dropped, leading to an overall decrease in market capitalization. The company’s revenue beat was seen as a positive sign, however, it was not enough to offset the lower-than-expected EPS. Live Quote…
Analysis
At GoodWhale, we conducted a thorough analysis of ENDEAVOR GROUP‘s financials. The Risk Rating we assigned to this investment is a medium risk. This rating is based on both financial and business aspects. We detected two risk warnings in their balance sheet and cashflow statement. If you would like to learn more about these warnings, register on goodwhale.com to check out our detailed analysis. More…
Peers
In the entertainment industry, there is always competition between companies to be the best and most successful. This is especially true for Endeavor Group Holdings Inc, which competes with companies such as Eline Entertainment Group Inc, Beijing HualuBaina Film & TV Co Ltd, and Lingerie Fighting Championships Inc. While all of these companies are vying for the top spot, Endeavor Group Holdings Inc has the advantage of experience and a strong track record of success. This, combined with its innovative approach to the entertainment industry, gives Endeavor Group Holdings Inc a strong chance of coming out on top.
– Eline Entertainment Group Inc ($OTCPK:EEGI)
Eline Entertainment Group Inc is a media and entertainment company. The company has a market capitalization of $3.93 billion and a return on equity of -0.04%. The company produces and distributes films, television programs, and other entertainment content. The company’s operations are conducted through its subsidiaries, which include Eline Productions, Eline Studios, and Eline Distribution.
– Beijing HualuBaina Film & TV Co Ltd ($SZSE:300291)
Beijing HualuBaina Film & TV Co Ltd is a film and television production company based in Beijing, China. The company has a market cap of 3.83B as of 2022 and a return on equity of 0.69%. Beijing HualuBaina Film & TV Co Ltd produces a variety of film and television content, including feature films, television series, and documentaries. The company has a long history in the film and television industry, and has produced a number of well-known Chinese films and television series.
– Lingerie Fighting Championships Inc ($OTCPK:BOTY)
Lingerie Fighting Championships Inc is a company that produces mixed martial arts events that feature women in lingerie as the competitors. The company was founded in 2011 and is based in Las Vegas, Nevada.
Lingerie Fighting Championships Inc has a market cap of 2.47M as of 2022. The company has a Return on Equity of -63.67%.
The company produces mixed martial arts events that feature women in lingerie as the competitors. The company was founded in 2011 and is based in Las Vegas, Nevada.
Summary
Endeavor Group Holdings has reported their GAAP earnings per share of $0.03, which is $0.07 below the estimated figure. On the other hand, their revenue of $1.6 billion surpassed estimates by a margin of $30 million. Investors should consider the company’s financial performance and market conditions when deciding whether to invest in Endeavor Group Holdings. Analysts suggest that investors should look at the company’s cash flow, both short-term and long-term, to assess the potential for future growth.
Additionally, investors should consider the company’s competitive landscape and track record when making investment decisions. Endeavor Group Holdings has experienced increasing demand in recent years, and their financials suggest they have the potential to continue to grow in the near future.
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