Warner Bros. Discovery (WBD) Reports Q4 Loss, Beats Revenue Estimates

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of $0.02. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -600.00%. A quarter ago, it was expected that this operator of cable TV channels such as TLC and Animal Planet would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%.Over ...