Over the past year, The Madison Square Garden Company (MSG) has been an extremely well-performing stock. MSG continues to trade near its 52-week high and has been red hot since completion of the Garden's Renovation and the enormous success of the New York Knicks in the 2012-13 season. However, several factors suggest MSG's quarterly earnings report will disappoint, specifically pertaining to the company's Sports segment. These factors include the National Hockey League's (NHL) lockout, the National Basketball Association's (NBA) luxury tax, and a reduction in the number of home playoff games from the year prior.
First, it should be noted that MSG Sports is one of three segments of MSG as a whole, and currently...
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