TKO Group (NYSE:TKO) Releases Earnings Results, Misses Expectations By $0.11 EPS
TKO Group (NYSE:TKO – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a net margin of 5.40% and a return on equity of 2.82%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the business earned $0.28 earnings per share. The company’s revenue for the quarter was down 27.3% on a year-over-year basis.
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