Sphere Entertainment (NYSE: SPHR) reported its earnings for the quarter ended December 31, 2024, revealing revenues of $308.3 million, which marks a decrease of $5.9 million compared to the same quarter last year. The company also reported an operating loss of $142.9 million, although this reflects an improvement of $16.7 million from the previous year. The earnings per share (EPS) for the quarter was $(3.49), which missed analyst estimates of $(2.43). However, the sales figure of $308.29 million exceeded expectations of $289.86 million. In terms of segment performance, Sphere's revenues from its specific segments totaled $169 million, with an Adjusted Operating Income (AOI) of negative $1 million, which contrasts with JP Morgan's estimates of $150 million in revenue and negative $10 million AOI, and Morgan Stanley's estimates of $149 million in revenue and negative $8 million AOI.