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Warner Music Group Corp. (WMG) Reports Q3 Loss, Beats Revenue Estimates
Warner MusicWarner Music(US:WMG) ZACKSยท2025-08-07 13:55

Group 1 - Warner Music Group Corp. reported a quarterly loss of $0.03 per share, significantly below the Zacks Consensus Estimate of $0.27, marking an earnings surprise of -111.11% [1] - The company posted revenues of $1.69 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 6.54% and showing an increase from $1.55 billion year-over-year [2] - Over the last four quarters, Warner Music Group has surpassed consensus revenue estimates three times, but has only exceeded EPS estimates once [2] Group 2 - The stock has underperformed, losing about 3.1% since the beginning of the year, while the S&P 500 has gained 7.9% [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 these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $1.66 billion, and for the current fiscal year, it is $1.09 on revenues of $6.39 billion [7] Group 3 - The Zacks Industry Rank indicates that the Film and Television Production and Distribution sector is currently in the bottom 14% of over 250 Zacks industries, which may negatively impact stock performance [8] - The estimate revisions trend for Warner Music Group was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6]