NEW YORK (AP) — NEW YORK (AP) — TKO Group Holdings, Inc. (TKO) on Wednesday reported second-quarter profit of $98.3 million.
On a per-share basis, the New York-based company said it had profit of $1.17.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The producer of professional wrestling events and television shows posted revenue of $1.31 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.2 billion.
TKO Group expects full-year revenue in the range of $4.49 billion to $4.56 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TKO at https://www.zacks.com/ap/TKO
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