Warner Bros Discovery Inc reports results for the quarter ended December 31 - Earnings Summary

• Warner Bros Discovery Inc WBD.OQ reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of twenty three analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -9 cents to 20 cents per share.

• Revenue fell 2.5% to $10.03 billion from a year ago; analysts expected $10.19 billion.

• Warner Bros Discovery Inc's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of $494 million.

• Warner Bros Discovery Inc shares had fallen by 0.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 64.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 16 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the broadcasting peer group is also "buy"

Wall Street's median 12-month price target for Warner Bros Discovery Inc is $12.00

This summary was machine generated from LSEG data February 27 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)