Madison Square Garden beats estimate

Signage is displayed on the exterior of Madison Square Garden Co. venue in New York City.

By Richard Foster-Shelton Medill Reports Madison Square Garden Co. (NYSE:MSG), based in New York City, reported healthy increases in revenues and net income, exceeding analysts’ expectations, for the second quarter ended Dec. 31. Helped by a tax benefit, the company reported net income of $189.6 million, or $7.96 per diluted share, up from $57.7 million, […]