Warner Bros. Discovery (WBD) Reports Q2 Loss, Misses Revenue Estimates
WBDWarner Bros. Discovery(WBD) ZACKS·2024-08-08 06:16

Warner Bros. Discovery (WBD) came out with a quarterly loss of 4.07pershareversustheZacksConsensusEstimateofalossof4.07 per share versus the Zacks Consensus Estimate of a loss of 0.18. This compares to loss of 0.51pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−2,161.110.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2,161.11%. A quarter ago, it was expected that this operator of cable TV channels such as TLC and Animal Planet would post a loss of 0.24 per share when it actually produced a loss of $0.40, delivering a surprise o ...