Warner Bros. Discovery (WBD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
Warner Bros. Discovery (WBD) reached $13.7 at the closing of the latest trading day, reflecting a +1.56% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Warner Bros. Discovery (WBD).
Warner Bros. Discovery (WBD) reached $13.5 at the closing of the latest trading day, reflecting a +1.43% change compared to its last close.
Warner Bros. Discovery (WBD) closed at $12.84 in the latest trading session, marking a +2.07% move from the prior day.
Warner Bros. Discovery (WBD) closed the most recent trading day at $12.01, moving +2.39% from the previous trading session.
After spending much of 2024 in the box-office doldrums, the legendary studio has scored a remarkable turnaround with five straight No. 1 hits, culminating with this weekend's smash, “Superman,” which drew in $217 million worldwide.
Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit.
Warner Bros.' "Superman" generated $122 million in domestic ticket sales during its opening weekend.
Warner Bros. Discovery is a buy due to its upcoming split, improved movie performance, streaming potential, and a somewhat clearer path to debt reduction. The planned split will separate streaming/content from linear assets, hopefully unlocking value and allowing management to focus on growth areas like HBO Max and film franchises. Valuation seems attractive, with the stock trading cheaply on some metrics, but a firm technical breakout above $13 is needed for confirmation.
The latest trading day saw Warner Bros. Discovery (WBD) settling at $11.02, representing a -1.78% change from its previous close.
Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit.