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Stay Ahead of the Game With Warner Bros. Discovery (WBD) Q3 Earnings: Wall Street's Insights on Key Metrics
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Wall Street analysts forecast that Warner Bros. Discovery (WBD - Free Report) will report quarterly loss of -$0.04 per share in its upcoming release, pointing to a year-over-year decline of 180%. It is anticipated that revenues will amount to $9.18 billion, exhibiting a decrease of 4.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 78.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Warner Bros. Discovery metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Revenues- Global Linear Networks' should come in at $3.95 billion. The estimate indicates a year-over-year change of -21.1%.
The consensus estimate for 'Revenues- Advertising- Global Linear Networks' stands at $1.22 billion. The estimate suggests a change of -17.8% year over year.
Analysts' assessment points toward 'Revenues- Distribution- Global Linear Networks' reaching $2.39 billion. The estimate suggests a change of -7.8% year over year.
It is projected by analysts that the 'Revenues- Content- Global Linear Networks' will reach $205.56 million. The estimate indicates a year-over-year change of -75.3%.
The collective assessment of analysts points to an estimated 'Revenues- Other- Global Linear Networks' of $80.76 million. The estimate suggests a change of -9.3% year over year.
The combined assessment of analysts suggests that 'Revenues- Advertising- Streaming' will likely reach $249.38 million. The estimate suggests a change of +21.7% year over year.
Analysts forecast 'Revenues- Distribution- Streaming' to reach $2.39 billion. The estimate suggests a change of +3.1% year over year.
Based on the collective assessment of analysts, 'Revenues- Content- Studios' should arrive at $2.98 billion. The estimate indicates a year-over-year change of +20.9%.
The average prediction of analysts places 'Revenues- Other- Studios' at $219.98 million. The estimate suggests a change of +4.8% year over year.
Analysts expect 'Revenues- Content- Streaming' to come in at $97.90 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts predict that the 'Revenues- Distribution- Studios' will reach $5.61 million. The estimate indicates a year-over-year change of -6.6%.
The consensus among analysts is that 'Global streaming subscribers' will reach 127.73 thousand. Compared to the current estimate, the company reported 110.50 million in the same quarter of the previous year.
Over the past month, Warner Bros. Discovery shares have recorded returns of +18.2% versus the Zacks S&P 500 composite's +2.4% change. Based on its Zacks Rank #3 (Hold), WBD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Warner Bros. Discovery (WBD) Q3 Earnings: Wall Street's Insights on Key Metrics
Wall Street analysts forecast that Warner Bros. Discovery (WBD - Free Report) will report quarterly loss of -$0.04 per share in its upcoming release, pointing to a year-over-year decline of 180%. It is anticipated that revenues will amount to $9.18 billion, exhibiting a decrease of 4.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 78.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Warner Bros. Discovery metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Revenues- Global Linear Networks' should come in at $3.95 billion. The estimate indicates a year-over-year change of -21.1%.
The consensus estimate for 'Revenues- Advertising- Global Linear Networks' stands at $1.22 billion. The estimate suggests a change of -17.8% year over year.
Analysts' assessment points toward 'Revenues- Distribution- Global Linear Networks' reaching $2.39 billion. The estimate suggests a change of -7.8% year over year.
It is projected by analysts that the 'Revenues- Content- Global Linear Networks' will reach $205.56 million. The estimate indicates a year-over-year change of -75.3%.
The collective assessment of analysts points to an estimated 'Revenues- Other- Global Linear Networks' of $80.76 million. The estimate suggests a change of -9.3% year over year.
The combined assessment of analysts suggests that 'Revenues- Advertising- Streaming' will likely reach $249.38 million. The estimate suggests a change of +21.7% year over year.
Analysts forecast 'Revenues- Distribution- Streaming' to reach $2.39 billion. The estimate suggests a change of +3.1% year over year.
Based on the collective assessment of analysts, 'Revenues- Content- Studios' should arrive at $2.98 billion. The estimate indicates a year-over-year change of +20.9%.
The average prediction of analysts places 'Revenues- Other- Studios' at $219.98 million. The estimate suggests a change of +4.8% year over year.
Analysts expect 'Revenues- Content- Streaming' to come in at $97.90 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts predict that the 'Revenues- Distribution- Studios' will reach $5.61 million. The estimate indicates a year-over-year change of -6.6%.
The consensus among analysts is that 'Global streaming subscribers' will reach 127.73 thousand. Compared to the current estimate, the company reported 110.50 million in the same quarter of the previous year.
View all Key Company Metrics for Warner Bros. Discovery here>>>Over the past month, Warner Bros. Discovery shares have recorded returns of +18.2% versus the Zacks S&P 500 composite's +2.4% change. Based on its Zacks Rank #3 (Hold), WBD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .