Warner Bros. Discovery Earnings Preview
Portfolio Pulse from Benzinga Insights
Warner Bros. Discovery (NASDAQ:WBD) is scheduled to release its quarterly earnings report on February 23, 2024, with an expected EPS of $-0.06. Analysts and investors will be looking for the company to surpass this estimate and provide positive guidance for future growth. Despite past earnings misses, WBD's stock price has shown resilience, with increases following earnings announcements. However, the stock has declined 37.75% over the last year, indicating a bearish outlook among long-term shareholders.
February 22, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Warner Bros. Discovery is expected to report an EPS of $-0.06 for the upcoming quarter. Despite past earnings misses, the stock has shown resilience post-earnings. However, a year-long decline of 37.75% suggests a bearish long-term sentiment.
The expected EPS of $-0.06 sets a cautious tone, but past performance shows potential for post-earnings resilience. The long-term decline, however, indicates underlying challenges that might temper any short-term gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100