US EditionWarner Bros. Discovery (NASDAQ:WBD) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS
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Warner Bros. Discovery (NASDAQ:WBD) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS
Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). The business had revenue of $9.05 billion during the quarter, compared to analyst estimates of $9.17 billion. Warner Bros. Discovery had a return on equity of 2.14% and a net margin of 2.00%.The firm's revenue was down …
Stocks making the biggest moves premarket: Qualcomm, Warner Bros. Discovery, Papa John's, Duolingo and more
Check out the companies making headlines before the bell: Qualcomm — Shares slipped 1% as Qualcomm expects that it will lose Apple as a customer for its modem business in the coming years. This potential waning opportunity overshadowed Qualcomm’s fiscal fourth-quarter earnings and revenue beat and strong current quarter forecast. Warner Bros. Discovery — Shares fell 1% after Warner Brothers Discovery reported a third-quarter loss of 6 cents per …
The company points out that the billing of the distribution unit, which includes the studies and streaming services, fell 4% per year, to US$ 4.7 billion
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