Warner Bros. Discovery Q2 Sales $9.713B Miss $10.071B Estimate
Portfolio Pulse from Benzinga Newsdesk
Warner Bros. Discovery (NASDAQ:WBD) reported Q2 sales of $9.713 billion, missing the analyst consensus estimate of $10.071 billion by 3.55%. This represents a 6.23% decrease from the same period last year.
August 07, 2024 | 8:03 pm
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Warner Bros. Discovery reported Q2 sales of $9.713 billion, missing the analyst consensus estimate of $10.071 billion by 3.55%. This is a 6.23% decrease from the same period last year.
The miss on sales estimates and the year-over-year decline in revenue are likely to negatively impact investor sentiment and the stock price in the short term.
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