World Wrestling Enter Q2 Adj. EPS $0.91 Misses $0.93 Estimate, Sales $410.30M Beat $398.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
World Wrestling Enter (NYSE:WWE) reported Q2 earnings of $0.91 per share, missing the analyst consensus estimate of $0.93 by 2.15%. However, the company's quarterly sales of $410.30 million beat the estimate of $398.54 million by 2.95%. This represents a 54.24% increase in earnings and a 25.02% increase in sales compared to the same period last year.
August 04, 2023 | 10:55 am
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WWE's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
While WWE's earnings missed estimates, the company's sales beat expectations. This mixed result could lead to uncertain short-term price movements as investors weigh the importance of earnings versus sales.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100