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Stock impact report

Warner Music Group (WMG) Q4 Earnings Report Preview: What To Look For [Yahoo! Finance]

Warner Music Group Corp. - Class A (WMG) 
Company Research Source: Yahoo! Finance
Warner Music Group beat analysts' revenue expectations by 10.8% last quarter, reporting revenues of $1.87 billion, up 14.6% year on year. It was an exceptional quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' revenue estimates. Is Warner Music Group a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, analysts are expecting Warner Music Group's revenue to grow 6.1% year on year to $1.77 billion, a reversal from the 4.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.40 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Warner Music Group has missed Wall Street's revenue estimates twice over the last two years. Looking at Warner Music Group's peers in the consumer discretionary seg Show less Read more
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