Warner Bros. Discovery (WBD) Reports Q4 Loss, Misses Revenue Estimates

Group 1 - Warner Bros. Discovery reported a quarterly loss of $0.20 per share, missing the Zacks Consensus Estimate of $0.04, and compared to a loss of $0.16 per share a year ago, representing an earnings surprise of -600% [1] - The company posted revenues of $10.03 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.17%, and down from $10.28 billion year-over-year [2] - Over the last four quarters, Warner Bros. Discovery has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during the same period [2] Group 2 - The stock has lost about 0.7% since the beginning of the year, while the S&P 500 has gained 1.3%, indicating underperformance in the market [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is -$0.02 on revenues of $10.24 billion, and -$0.04 on revenues of $40.17 billion for the current fiscal year [7] Group 3 - The Zacks Industry Rank places Broadcast Radio and Television in the top 34% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Warner Bros. Discovery is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]