Warner Bros. Discovery (WBD) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Warner Bros. Discovery (WBD) closed at $10.74, reflecting a +0.85% change from the previous session, outperforming the S&P 500's 0.08% gain [1] - The stock has decreased by 3.53% over the past month, which is better than the Consumer Discretionary sector's loss of 8.41% and the S&P 500's loss of 7.33% [1] Earnings Forecast - WBD is projected to report earnings of -$ 0.13 per share, indicating a year-over-year growth of 67.5% [2] - The consensus estimate for quarterly revenue is $9.84 billion, down 1.16% from the previous year [2] Full-Year Estimates - Full-year estimates suggest earnings of -$ 0.12 per share and revenue of $39.1 billion, representing year-over-year changes of +97.4% and -0.57%, respectively [3] - Recent analyst estimate revisions indicate a positive outlook for the company's business [3] Analyst Ratings - The Zacks Rank system, which evaluates estimate changes, currently ranks WBD at 3 (Hold) [5] - The consensus EPS projection has decreased by 192.95% in the past 30 days [5] Industry Context - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 64, placing it in the top 26% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]