Warner Bros. Discovery (WBD) Reports Q3 Loss, Misses Revenue Estimates

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50.00%. A quarter ago, it was expected that this operator of cable TV channels such as TLC and Animal Planet would post a loss of $0.16 per share when it actually produced earnings of $0.63, delivering a surpris ...