TKO Group (TKO) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

In its upcoming report, TKO Group Holdings (TKO) is predicted by Wall Street analysts to post quarterly earnings of $0.14 per share, reflecting a decline of 60% compared to the same period last year. Revenues are forecasted to be $1.02 billion, representing a year-over-year increase of 59.5%.Over the last 30 days, there has been a downward revision of 3.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.That said, let's delve into the average estimates of some TKO Group metrics that Wall Street analysts commonly model and monitor.Analysts forecast 'Net Revenue- UFC- Consumer products licensing and other' to reach $14.31 million. The estimate suggests a change of +0.8% year over year.According to the collective judgment of analysts, 'Net Revenue- WWE' should come in at $346.68 million. The estimate indicates a year-over-year change of +16.2%.The combined assessment of analysts suggests that 'Net Revenue- UFC' will likely reach $382.79 million. The estimate indicates a year-over-year change of +11.3%.The average prediction of analysts places 'Net Revenue- UFC- Media rights, production and content' at $223.56 million. The estimate points to a change of +12.9% from the year-ago quarter.It is projected by analysts that the 'Net Revenue- UFC- Live events and hospitality' will reach $72.78 million. The estimate suggests a change of +12.7% year over year.The collective assessment of analysts points to an estimated 'Net Revenue- UFC- Partnerships and marketing' of $72.15 million. The estimate suggests a change of +7.5% year over year.Based on the collective assessment of analysts, 'Net Revenue- WWE- Media rights, production and content' should arrive at $226.25 million. The estimate suggests a change of +44.8% year over year.The consensus estimate for 'UFC - Numbered events' stands at 4 . Compared to the present estimate, the company reported 4 in the same quarter last year.Analysts' assessment points toward 'UFC - Fight Nights' reaching 7 . Compared to the current estimate, the company reported 6 in the same quarter of the previous year.Analysts expect 'UFC - Total events' to come in at 11 . Compared to the current estimate, the company reported 10 in the same quarter of the previous year.Analysts predict that the 'UFC - Location of events - International' will reach 4 . Compared to the present estimate, the company reported 3 in the same quarter last year.The consensus among analysts is that 'UFC - Location of events - United States' will reach 7 . The estimate compares to the year-ago value of 7 . View all Key Company Metrics for TKO Group here>>> TKO Group shares have witnessed a change of +4.3% in the past month, in contrast to the Zacks S&P 500 composite's -0.8% move. With a Zacks Rank #4 (Sell), TKO is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TKO Group Holdings, Inc. (TKO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks