Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) will post 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. Individual interested in registering for the company’s earnings conference call can do so using this link.
Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last posted its quarterly earnings data on Friday, February 23rd. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.05). Warner Bros. Discovery had a negative return on equity of 3.48% and a negative net margin of 7.57%. The firm had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.34 billion. During the same quarter in the previous year, the firm posted $0.42 earnings per share. The company’s revenue for the quarter 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 Down 0.1 %
NASDAQ WBD opened at $7.96 on Tuesday. Warner Bros. Discovery has a twelve month low of $7.34 and a twelve month high of $14.76. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $19.42 billion, a price-to-earnings ratio of -6.22 and a beta of 1.51. The firm’s 50 day moving average price is $8.44 and its two-hundred day moving average price is $9.85.
Wall Street Analyst Weigh In
View Our Latest 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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