Warner Music Gr Q2 2024 GAAP EPS $0.18 Beats $0.16 Estimate, Sales $1.494B Beat $1.482B Estimate
Portfolio Pulse from Benzinga Newsdesk
Warner Music Group (WMG) reported Q2 2024 earnings of $0.18 per share, surpassing the $0.16 consensus estimate. Quarterly sales reached $1.494 billion, exceeding the $1.482 billion estimate and marking a 6.79% increase from the previous year.
May 09, 2024 | 11:32 am
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Warner Music Group reported higher than expected Q2 2024 earnings and sales, indicating strong financial performance.
WMG's earnings and sales beat for Q2 2024 suggest a positive outlook for the company, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100