Warner Bros. Discovery Q3 2023 EPS $(0.17) Misses $(0.06) Estimate, Revenue $9.979B Misses $10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Warner Bros. Discovery reported Q3 2023 earnings per share (EPS) of $(0.17), missing the estimate of $(0.06). The company's revenue was $9.979M, falling short of the $10B estimate.
November 08, 2023 | 12:06 pm
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NEGATIVE IMPACT
Warner Bros. Discovery's Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Earnings reports are a significant factor in a company's stock price. Warner Bros. Discovery's missed earnings and revenue estimates could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100