
Valued at a market cap of $35.9 billion, TKO Group Holdings, Inc. (TKO) is a sports and entertainment powerhouse formed in 2023 through the merger of WWE and Ultimate Fighting Championship (UFC) under parent company Endeavor Group Holdings. Headquartered in New York, TKO combines two of the most globally recognized combat sports brands, delivering live events, media rights, and premium content to audiences worldwide.
The sports giant is expected to announce its fiscal Q1 earnings on Wednesday, May 6, after the market closes. Before this event, analysts expect this sports and entertainment leader to report a profit of $0.89 per share, up 29% from $0.69 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in three of the last four quarters, while missing on another occasion.