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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q3 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Warner Bros Discovery Inc (NASDAQ:WBD) reported a higher-than-expected 3Q loss as the ongoing Hollywood strike and weaker advertising revenue hit the entertainment company's bottom line. Its direct-to-consumer division, however, stood out with a surprise profit from its flagship brand Max.

Warner Bros Discovery 3Q: Barbie success can't overcome weak ad spending

Warner Bros. Discovery reported third quarter earnings before the bell Wednesday.

Warner Bros. Discovery stock sinks as ad revenue falls and Zaslav warns of 'generational disruption'

Smash film 'Barbie's' $1.5 billion box office drives theatrical revenue but strike hurts TV. Streaming posts $111 million profit, despite slight drop in subscribers.

‘Barbie' Boosts Warner Bros. Discovery In Q3 But Actors Strike Hurts

The entertainment company reports a third-quarter loss of 17 cents a share, wider than analysts' expectations.

Warner Bros. Discovery Feels Pain of Hollywood Strikes.

Warner Bros. Discovery's third quarter was mixed with ‘Barbie' coin and free cash flow beloved by Wall Street offset by sluggish advertising and the impact of the actors' strike on the one of the industry's biggest content creators.

Warner Bros. Discovery Sees ‘Barbie' Boost & Free Cash Flow In Mixed Quarter Squeezed By Strike, Soft Ad Market

Shares of Warner Bros. Discovery Inc. WBD, +1.40% slumped 2.3% in premarket trading Wednesday, after the studio and streaming video company reported a wider-than-expected third loss, while revenue just topped expectations.

Warner Bros. Discovery stock slumps after wider-than-expected loss, while revenue topped projections

Box office smash "Barbie" helped Warner Bros Discovery (WBD.O) top third-quarter profit estimates, but the company said on Wednesday the effect of two Hollywood strikes and a weak advertising market could continue to hamper the company's earnings into next year.

Warner Bros Discovery says strike effects, weak ad market to linger into 2024

NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended September 30, 2023.

WARNER BROS. DISCOVERY REPORTS THIRD-QUARTER 2023 RESULTS

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- In honor of the film that has become a holiday tradition for families around the globe, Warner Bros. Discovery and the Empire State Building are celebrating the 20th anniversary of New Line Cinema's holiday classic "Elf" with a special tower lighting, film screenings, and themed décor at the Observatory through the holiday season.

Warner Bros. Discovery and the Empire State Building Celebrate the 20th Anniversary of New Line Cinema's Holiday Classic "Elf" with a Tower Lighting, Special Film Screenings, and Observatory Décor

NEW YORK--(BUSINESS WIRE)--There's room for everyone on ESB's nice list! The Empire State Building (ESB) announced plans to treat every day like the holidays as it celebrates the 20th anniversary of New Line Cinema's holiday classic “Elf” with a special tower lighting, film screenings, and themed décor at the Observatory through the holiday season. The beloved film – that premiered in 2003 – features Buddy the Elf, who travels from the North Pole to New York City to meet his father at his offic.

The Empire State Building Partners with Warner Bros. Discovery to Celebrate the 20th Anniversary of New Line Cinema's Holiday Classic “Elf” with a Tower Lighting, Special Film Screenings, and Observatory Décor

Warner Bros. Discovery (WBD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Warner Bros. Discovery (WBD) Ahead of Earnings?

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Warner Bros. Discovery's (WBD) third-quarter results are likely to reflect slow advertising revenues and subscriber growth in viewership amid cost-cutting measures.

What Awaits Warner Bros. Discovery (WBD) in Q3 Earnings?

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Last month, Netflix Inc. NFLX, +1.80% stock jumped after it reported big subscriber gains and hiked prices. Last week, results from Paramount Global PARA, +15.44% beat expectations, sending shares of the streaming and entertainment giant on its best percentage gain in nearly a year, and Roku Inc. ROKU, +8.58% also offered an upbeat outlook.

Disney and other entertainment giants report after upbeat results from peers, but investors are getting harsher on companies that don't deliver

WBD continues to show net loss since the merger, but this scenario will soon change. It is generating FCF and Earnings will follow. Compared to its peers, WBD is significantly undervalued and the market is failing to capture the potential upside of its streaming services even when considering the decline of Networks. By adjusting WBD's Net Income for Intangibles Amortization, Restructuring efficiencies and a combination of gains in DTC and loss in Networks, I believe WBD has significant upside.

Warner Bros. Discovery: Undervalued Against Peers As Earnings Are Poised To Rise

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Wall Street celebrated Roku's third quarter-report, in which the company reported strong trends in content distribution and advertising.

Media stocks pop as Roku rally lifts the sector

The stocks of companies in the streaming video business enjoyed a broad rally Thursday, as upbeat results from Roku Inc. and a big jump in the broader stock market emboldened investors.

Disney, Warner Bros. shares rise as part of broad rally in streaming stocks

Warner Bros. Discovery (WBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Analysts Estimate Warner Bros. Discovery (WBD) to Report a Decline in Earnings: What to Look Out for

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The impact of the then-dual Hollywood writers and actors strike during the third quarter will be in focus when Warner Bros Discovery Inc (NASDAQ:WBD) hands down its latest quarterly earnings report on Wednesday, November 8, after the closing bell in New York.  In early September, the media company lowered its full-year profit outlook due to the strikes from a range of $11 billion to $11.5 billion to a range of $10.5 billion to $10 billion.

Warner Bros. Discovery's 3Q free cash flow to be bolstered by strikes-related savings

Warner Bros Discovery said on Wednesday the head of its consumer products division, Pam Lifford, was leaving and her role would be divided among senior leaders.

Warner Bros Discovery shuffles consumer products unit as its head departs

Warner Bros. Discovery is one of the world's largest media and entertainment conglomerates headquartered in New York. On November 8, Warner Bros. Discovery will publish its financial report for the third quarter of 2023. On the other hand, the company's Non-GAAP P/E [FWD] is 14.21x, 0.76% lower than the sector average and 1.93% lower than the average over the past five years.

Warner Bros. Discovery: The Worst Has Been Avoided

Media and entertainment giant Warner Bros. Discovery Inc. NYSE: WBD has hit a major milestone among streaming service providers: profitability.

Time to Buy Warner Bros. Discovery On Its March to Profitability?

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One of the big slogans favored by CNBC pundit Jim Cramer is, “There's always a bull market somewhere.” I believe that's true.

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