Warner Bros. Discovery: Q2 Earnings, When Analysis Fails
WBDWarner Bros. Discovery(WBD) Seeking Alpha·2024-08-10 16:46

JHVEPhoto Warner Bros. Discovery (NASDAQ:WBD) put out a report that disappointed the market yet again. Management had long warned about qualitative issues (that are hard for Mr. Market to see and harder still to measure) that appeared to extend the time to resolve the challenges presented by the acquisition. Even though management set about resolving those challenges, the market has searched for a storyline that is far easier to understand and much easier to measure, rather than going with the complex issue ...