Sphere Entertainment (NYSE:SPHR) is preparing to release its quarterly earnings on Thursday, 2026-02-12. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Sphere Entertainment to report an earnings per share (EPS) of $-0.16.
Sphere Entertainment bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Overview of Past Earnings
In the previous earnings release, the company missed EPS by $1.02, leading to a 5.72% increase in the share price the following trading session.
Here’s a look at Sphere Entertainment’s past performance and the resulting price change:
| Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q2 2025 |
|---|---|---|---|---|
| EPS Estimate | -1.78 | -1.48 | -2.14 | -2.43 |
| EPS Actual | -2.80 | 3.39 | -2.27 | -3.49 |
| Price Change % | 6.00 | 0.00 | 3.00 | 0.00 |

Performance of Sphere Entertainment Shares
Shares of Sphere Entertainment were trading at $97.47 as of February 10. Over the last 52-week period, shares are up 101.91%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Insights Shared by Analysts on Sphere Entertainment
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Sphere Entertainment.
With 7 analyst ratings, Sphere Entertainment has a consensus rating of Buy. The average one-year …