What to Expect From Warner Bros. Discovery’s Next Quarterly Earnings Report

Core Insights - Warner Bros. Discovery, Inc. (WBD) is valued at $50 billion and is a major player in the global media and entertainment sector, formed from the merger of WarnerMedia and Discovery in 2022 [1] Financial Performance - WBD is expected to report a Q3 loss of $0.05 per share, a significant decline of 200% from the profit of $0.05 per share in the same quarter last year [2] - For the full fiscal year 2025, analysts project an EPS of $0.36, representing a 107.8% improvement from the $4.62 loss per share in fiscal 2024 [3] Stock Performance - WBD's stock has increased by 172.6% over the past 52 weeks, outperforming the Communication Services Select Sector SPDR ETF Fund's 27.1% rise and the S&P 500 Index's 14.5% gain during the same period [4] Strategic Developments - On October 21, WBD shares surged over 10% following the announcement of a review of strategic alternatives, which may include a full company sale or divestiture of its studio and streaming business [5] - WBD's shares rose 4.6% on October 13 after rejecting a $20-per-share takeover offer from Paramount Skydance, indicating management's belief in the company's higher intrinsic value [6] - Citigroup raised its price target for WBD from $14 to $25 while maintaining a 'Buy' rating, citing stronger fundamentals and improved profitability in the streaming segment [6]