Warner Music Group Corp. (WMG) Q4 Earnings Lag Estimates

Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40.00%. A quarter ago, it was expected that this company would post earnings of $0.27 per share when it actually produced a loss of $0.03, delivering a surprise of -111.11%.Over the last four quarters, the ...