Warner Bros. Discovery, Inc. (NASDAQ:WBD) will release earnings for the fourth quarter before the opening bell on Thursday, Feb. 26.Analysts expect the New York-based company to report quarterly earnings at 3 cents per share. That's down from 20 cents per share in the year-ago period. The consensus estimate for Snowflake's quarterly revenue is $9.38 billion (it reported $10.03 billion last year), according to Benzinga Pro.The company has missed analyst revenue estimates for 15 straight quarters.Shares of Wa ...

Group 1 - Warner Bros. Discovery, Inc. shares have recently surged due to a bidding war, with Netflix offering $27.75 per share and Paramount Skydance countering with a hostile bid of $30 per share [2][3] - Some shareholders are anticipating an even higher bid, but if no additional bidders emerge, the stock price may face resistance around $31.25 [3][6] - Historical resistance levels for Warner Bros. were noted around $31.25 in early 2022, suggesting that if the stock reaches this price again, it may encounter selling pressure from investors looking to break even [6][7][8] Group 2 - The current trading environment for Warner Bros. Discovery is characterized by elevated stock levels, prompting traders to monitor potential resistance points [2] - The concept of "selling at former peaks" is relevant, as many investors may place sell orders at the historical resistance level, potentially capping the stock price [6][7]