Warner Music Group Corp. (WMG)
Warner Music Group Corp. (WMG) Q3 2025 Earnings Call Transcript
Warner Music Group Corp. (NASDAQ:WMG ) Q3 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Armin Zerza - Executive VP & CFO Kareem Chin - Senior VP & Head of Investor Relations Robert Kyncl - President, CEO & Director Conference Call Participants Benjamin Daniel Swinburne - Morgan Stanley, Research Division Benjamin Thomas Black - Deutsche Bank AG, Research Division Douglas Lippl Creutz - TD Cowen, Research Division Kutgun Maral - Evercore ISI Institutional Equities, Research Division Michael C. Morris - Guggenheim Securities, LLC, Research Division Peter Lawler Supino - Wolfe Research, LLC Richard Scott Greenfield - LightShed Partners, LLC Operator Welcome to Warner Music Group's Third Quarter Earnings Call for the period ended June 30, 2025.
Warner Music Group Corp. (WMG) Reports Q3 Loss, Beats Revenue Estimates
Warner Music Group Corp. (WMG) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.27. This compares to earnings of $0.27 per share a year ago.
Warner Music upgraded by BofA on streaming deals, cost cuts
Warner Music Group Corp (NASDAQ:WMG) received an upgrade from Bank of America to "Neutral" from "Underperform," with analysts citing improved revenue visibility from new streaming deals and a recently announced $300 million cost-cutting program. Analysts raised their price objective on the stock to $33 from $28, saying Warner's recent agreements with digital streaming platforms (DSPs), including Spotify, will boost predictability in the company's subscription streaming business starting in fiscal 2026.
Major Labels in Talks to License AI Use of Music, Report Says
Warner Music Group (WMG) shares fell on word the big music distributor was one of three firms negotiating with artificial intelligence (AI) startups to monetize AI use of its music catalog.
Warner Music Group: Still Overvalued
Warner Music Group is overvalued due to high market expectations and low growth rates, making it an unattractive investment at its current price. Recent earnings show declines in revenue and net income, indicating ineffective cost management and suboptimal financial performance. Warner's long-term debt is too high relative to net income, with a concerning debt-to-income ratio nearing 9 times.
Warner Music Group Corp. (WMG) Q2 2025 Earnings Call Transcript
Warner Music Group Corp. (NASDAQ:WMG ) Q2 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Kareem Chin - Head of Investor Relations Robert Kyncl - Chief Executive Officer Bryan Castellani - Chief Financial Officer Conference Call Participants Michael Morris - Guggenheim Securities LLC Benjamin Black - Deutsche Bank Kutgun Maral - Evercore ISI Batya Levi - UBS Kiscada Hastings - JPMorgan Stephen Laszczyk - Goldman Sachs Operator Welcome to Warner Music Group's Second Quarter Earnings Call for the period ended March 31, 2025. At the request of Warner Music Group, today's call is being recorded for replay purposes, and if you object, you may disconnect at any time.
Warner Music Group Corp. (WMG) Lags Q2 Earnings and Revenue Estimates
Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.18 per share a year ago.
Warner Music Group Corp. (WMG) Reports Next Week: Wall Street Expects Earnings Growth
Warner Music Group (WMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Warner Music Group Corp. (WMG) Q1 2025 Earnings Call Transcript
Warner Music Group Corp. (NASDAQ:WMG ) Q1 2025 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Kareem Chin - Head, Investor Relations Robert Kyncl - Chief Executive Officer Bryan Castellani - Chief Financial Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Michael Morris - Guggenheim Securities LLC Benjamin Black - Deutsche Bank Kannan Venkateswar - Barclays Rich Greenfield - LightShed Partners Kutgun Maral - Evercore ISI Batya Levi - UBS Stephen Laszczyk - Goldman Sachs Jessica Reif Ehrlich - Bank of America Securities Operator Welcome to Warner Music Group's First Quarter Earnings Call for the period ended December 31, 2024. At the request of Warner Music Group, today's call is being recorded for replay purposes, and if you object, you may disconnect at any time.
Spotify, Warner Music Group sign new deal to help deliver ‘further paid subscription tiers'
Spotify and Warner Music Group (WMG) have unveiled a new multi-year agreement that covers both recorded music and music publishing, the companies announced on Thursday. WMG owns labels behind popular artists like Dua Lipa, Coldplay, and Ed Sheeran.
Warner Music Group Corp. (WMG) Surpasses Q1 Earnings and Revenue Estimates
Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.30 per share a year ago.
Warner Music Group Corp. (WMG) Reports Next Week: Wall Street Expects Earnings Growth
Warner Music Group (WMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
