Warner Bros. Discovery misses first-quarter estimates
Warner Bros. Discovery(WBD) CNBC·2024-05-09 19:19
Signage at a Warner Bros Discovery office in New York, US, on Saturday, Feb. 17, 2024.Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines. Here is how Warner Bros. Discovery performed, compared with estimates from analysts surveyed by LSEG:Loss per share: 40 cents vs. 24 cents loss expectedRevenue: $9.96 billion vs. $10.231 billion expectedAlso on Thursday the company announced a $1.75 billion cash tender offer aimed at reducing it ...