Warner Bros. Discovery (WBD) to Release Earnings on Thursday

Warner Bros. Discovery (NASDAQ:WBD) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect Warner Bros. Discovery to post earnings of ($0.14) per share and revenue of $9.66 billion for the quarter.

Warner Bros. Discovery (NASDAQ:WBD) last announced its quarterly earnings results on Thursday, February 27th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.30). The firm had revenue of $10.03 billion during the quarter, compared to analyst estimates of $10.16 billion. Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%. On average, analysts expect Warner Bros. Discovery to post $-4 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Warner Bros. Discovery Stock Performance

Shares of NASDAQ:WBD opened at $8.67 on Thursday. The company has a market capitalization of $21.28 billion, a price-to-earnings ratio of -1.89, a P/E/G ratio of 8.64 and a beta of 1.43. The firm’s 50 day simple moving average is $9.68 and its 200 day simple moving average is $9.78. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. Warner Bros. Discovery has a fifty-two week low of $6.64 and a fifty-two week high of $12.70.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Barclays cut their price target on shares of Warner Bros. Discovery from $12.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Needham & Company LLC restated a “hold” rating on shares of Warner Bros. Discovery in a report on Friday, February 28th. Wells Fargo & Company dropped their target price on shares of Warner Bros. Discovery from $11.00 to $9.00 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. Moffett Nathanson upgraded shares of Warner Bros. Discovery from a “neutral” rating to a “buy” rating and raised their target price for the stock from $9.00 to $13.00 in a report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Warner Bros. Discovery from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $12.01.

Insider Activity at Warner Bros. Discovery

In other news, Director Piazza Samuel A. Jr. Di bought 17,346 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of $11.41 per share, with a total value of $197,917.86. Following the completion of the purchase, the director now owns 159,932 shares of the company’s stock, valued at $1,824,824.12. This represents a 12.17 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 1.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Warner Bros. Discovery

An institutional investor recently raised its position in Warner Bros. Discovery stock. Brighton Jones LLC lifted its stake in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 304.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 68,950 shares of the company’s stock after buying an additional 51,920 shares during the quarter. Brighton Jones LLC’s holdings in Warner Bros. Discovery were worth $729,000 as of its most recent SEC filing. Institutional investors and hedge funds own 59.95% of the company’s stock.

Warner Bros. Discovery Company Profile

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.