Warner Bros. Discovery had a mixed first quarter with beats on streaming subs and profit, a drop in revenue from the film studio, which turned around in Q2. Domestic linear advertising dipped. The company ended March with 122.3 million streaming subscribers,, an increase of 5.3 million subscribers vs Q4.
Besides Wall Street's top -and-bottom-line estimates for Warner Bros. Discovery (WBD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Warner Bros. Discovery (WBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
Warner Bros. Discovery (WBD) concluded the recent trading session at $8.67, signifying a -1.14% move from its prior day's close.
Warner Bros. Discovery missed revenue and earnings expectations, reporting a 2% revenue decline to $10.03 billion and a significant net loss of $11.3 billion. The direct-to-consumer segment showed strong performance, with a 5% revenue increase and a remarkable 19.2 million subscriber growth year-over-year. Despite overall EBITDA decline, the market reacted positively, with shares rising 4.7% due to strategic changes and subscriber growth.
Warner Bros. Discovery stock has fallen sharply in recent months and a buy rating is now justified. The stock is priced at a steep discount to some of its peers and this is likely to change. I cover some of the risks that are likely to weigh on performance in the coming months and that investors should keep in mind.
Recently, Zacks.com users have been paying close attention to Warner Bros. Discovery (WBD).
WBD has delivered the D2C inflection as promised, as observed in the positive bottom-line, growing advertising opportunities, and expanding streaming share. It is apparent that the management's new content initiatives have born fruit, with it likely to drive renewed growth opportunities ahead. Even so, readers must note that WBD's efforts have impacted Free Cash Flow generation and likely a slower balance sheet deleveraging path ahead.
The mass media and entertainment company said it would add a new Extra Member Add-On feature to its streaming service, Max.
The latest trading day saw Warner Bros. Discovery (WBD) settling at $7.95, representing a +0.13% change from its previous close.
In an apparent move to crack down on password sharing outside the home, Warner Bros. Discovery's streaming service Max has launched a new feature it's calling Extra Member Add-On.
Warner Bros. Discovery (WBD) has been one of the stocks most watched by Zacks.com users lately.