Warner Music Group Corp. (WMG) Misses Q4 Earnings Estimates
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Warner Music Group Corp. (WMG) reported Q4 earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.28 per share. This is a significant decrease from $0.34 per share a year ago.
November 21, 2024 | 3:00 pm
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Warner Music Group Corp. reported Q4 earnings of $0.08 per share, significantly missing the Zacks Consensus Estimate of $0.28 per share and down from $0.34 per share a year ago.
WMG's earnings per share of $0.08 fell short of the expected $0.28, indicating weaker than anticipated financial performance. This is likely to negatively impact the stock price in the short term as investors react to the earnings miss.
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IMPORTANCE 90
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