Warner Bros. Discovery(WBD)
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Warner Bros. Discovery: Things Are Looking Up
Seeking Alpha· 2024-11-18 10:46
I analyze oil and gas companies, related companies, and Warner Bros. Discovery in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign ...
How CNN might find its way to the auction block
New York Post· 2024-11-15 16:56
Things might look gloomy at CNN with layoffs, salary cuts and a new digital programming model that may or may not work. But On The Money has learned that private equity firms have been crunching the numbers on a possible acquisition of the ratings-challenged network.Don’t exactly hold your breath for anything happening soon, my sources both at CNN and in the private equity business tell me. The network’s parent, Warner Bros Discovery, isn’t yet shopping CNN.Indeed, no firm has made a bid, my sources tell me ...
Warner Bros. Discovery Catches A Well Deserved Break
Seeking Alpha· 2024-11-09 05:44
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Warner Bros. Discovery (NASDAQ: WBD ) is one of the largest media companies in America. The company was spun off from AT&T and has one of the largest cont ...
WBD Stock Rises on Q3 Streaming Strength, Studios Dampens Revenues
ZACKS· 2024-11-08 17:30
Warner Bros. Discovery (WBD) stock rose nearly 12% after the company reported strong streaming results in the third quarter of 2024, including its largest-ever quarterly subscriber growth since the launch of Max. However, revenues missed expectations as the media giant struggled with a drop in its studios segment and continued declines from its linear TV business.Revenues came in at $9.62 billion, missing the Zacks Consensus Estimate by 3.4% and declining 3.6% year over year. The company reported adjusted e ...
Warner Bros. Discovery Breaks Into The Black
Seeking Alpha· 2024-11-07 23:30
I analyze oil and gas companies, related companies, and Warner Bros Discovery in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign u ...
Warner Bros. Discovery Stock Jumps as Record Max Subscriber Gains Boost Results
Investopedia· 2024-11-07 21:05
Key TakeawaysWarner Bros. Discovery posted better-than-expected earnings as its Max streaming service set a record for new subscribers.The movie, TV, and streaming entertainment provider added 7.2 million subscribers in the third quarter. Shares surged Thursday following the release, though even with Thursday's gains, they remained lower for the year. Warner Bros. Discovery (WBD) shares surged Thursday after the media giant posted better-than-expected earnings as its Max streaming service set a record for ...
Warner Bros. Discovery says it will beef up ads on its Max streaming service
Business Insider· 2024-11-07 19:40
Warner Bros. Discovery says it will beef up ads on its Max streaming service.Max serves fewer ads per hour compared to other streaming platforms.Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you'r ...
Warner Bros. Discovery Q3 Earnings Beat, Revenues Fall Y/Y
ZACKS· 2024-11-07 17:51
Warner Bros. Discovery (WBD) reported third-quarter 2024 earnings of 5 cents per share, significantly higher than the Zacks Consensus Estimate of a loss of 7 cents. The company had incurred a loss of 17 cents in the year-ago quarter. Revenues decreased 6.2% year over year to $9.62 billion, which missed the Zacks Consensus Estimate by 3.4%.Advertising revenues decreased 6.4% year over year to $1.68 billion. Distribution revenues dropped 2.1% year over year to $4.92 billion. Content revenues declined 4.1% yea ...
Warner Bros. Discovery(WBD) - 2024 Q3 - Earnings Call Transcript
2024-11-07 17:07
Warner Bros. Discovery, Inc. (NASDAQ:WBD) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants David Zaslav - President, Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer JB Perrette - CEO, President, Global Streaming and Games Andrew Slabin - Executive Vice President, Global Investor Strategy Conference Call Participants Steven Cahall - Wells Fargo David Karnovsky - JPMorgan Michael Nathanson - MoffettNathanson Rich Greenfield - Lightshed Partners Jessica Reif ...
Warner Bros. Discovery (WBD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-07 15:35
For the quarter ended September 2024, Warner Bros. Discovery (WBD) reported revenue of $9.62 billion, down 3.6% over the same period last year. EPS came in at $0.05, compared to -$0.17 in the year-ago quarter.The reported revenue represents a surprise of -2.77% over the Zacks Consensus Estimate of $9.9 billion. With the consensus EPS estimate being -$0.07, the EPS surprise was +171.43%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...