Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
WBDWarner Bros. Discovery(WBD) CNBC·2024-08-08 04:19

In this article Warner Bros. Discovery's stock dropped on Wednesday after it reported a $9.1 billion write down on its TV networks and missed analyst estimates on revenue. Here is how Warner Bros. Discovery performed: Loss per share: $4.07. That may not compare with the 22 cent loss expected by analysts surveyed by LSEG Revenue: $9.07 billion vs. $10.071 billion expected The company's shares were down roughly 7% in aftermarket trading. This is breaking news. Please check back for updates. ...