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Stock impact report

Warner Bros. Discovery (WBD) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.32% gain on the day. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.35%. Prior to today's trading, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 7.1% over the past month. This has lagged the Consumer Discretionary sector's loss of 6.24% and the S&P 500's loss of 2% in that time. The investment community will be paying close attention to the earnings performance of Warner Bros. Discovery in its upcoming release. The company is slated to reveal its earnings on May 9, 2024. The company's earnings per share (EPS) are projected to be -$0.23, reflecting a 227.78% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $10.22 billion, down 4.53% from the year-ago period. WBD's full-year Zacks Consensus Estimates are calling for earnings of -$0.33 per share and revenue of $41.43 billion. These results would represent year-over-y Show less Read more
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