Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Warner Bros. Discovery to post earnings of ($0.23) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last issued its quarterly earnings results on Friday, February 23rd. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.05). Warner Bros. Discovery had a negative net margin of 7.57% and a negative return on equity of 3.48%. The company had revenue of $10.28 billion during the quarter, compared to analyst estimates of $10.34 billion. During the same quarter last year, the firm earned $0.42 EPS. The business’s revenue was down 6.6% on a year-over-year basis. On average, analysts expect Warner Bros. Discovery to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Warner Bros. Discovery Trading Up 3.5 %
Shares of WBD stock opened at $7.62 on Thursday. Warner Bros. Discovery has a twelve month low of $7.34 and a twelve month high of $14.76. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $8.50 and its two-hundred day moving average is $9.91. The company has a market capitalization of $18.59 billion, a P/E ratio of -5.95 and a beta of 1.51.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Warner Bros. Discovery
About Warner Bros. Discovery
Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.
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