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

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -45.45%. A quarter ago, it was expected that this operator of cable TV channels such as TLC and Animal Planet would post a loss of $0.13 per share when it actually produced a loss of $0.17, delivering a surprise ...