Menu
Finance

PANTHERS' SHARES FALL IN THIRD QUARTER, BUT EXPECT REBOUND

          Florida Panthers Holdings, the parent company of the
     NHL Panthers and six resort hotels, lost $20M, or $.57 a
     share, in the third quarter ended September 30, according to
     Katherine Hutt of the Ft. Lauderdale SUN-SENTINEL.  While
     the loss was $.02 less than analysts had predicted, Panthers
     Holdings "suffered during the summer because its hockey team
     wasn't playing and its resorts were in their slowest
     season."  The holding company lost $12.2M, or $.38 a share,
     during the same quarter in '97.  However, analysts "expect
     the company to see" net income of $23.5M. or $.67 a share,
     this year, up from last year's net income of $1.4M, or $.04
     a share, due to the opening of team's new National Car
     Rental Center (Ft. Lauderdale SUN-SENTINEL, 10/28).

SBJ Morning Buzzcast: May 6, 2024

Takeaways from a big sports weekend including The Kentucky Derby and F1's Miami Grand Prix; Caitlin Clark's WNBA preseason debut; a new RSN set to form in Chicago.

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1998/10/28/Finance/PANTHERS-SHARES-FALL-IN-THIRD-QUARTER-BUT-EXPECT-REBOUND.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1998/10/28/Finance/PANTHERS-SHARES-FALL-IN-THIRD-QUARTER-BUT-EXPECT-REBOUND.aspx

CLOSE