Warner Bros. Discovery Q4 Earnings Preview
Warner Bros. Discovery (NASDAQ:WBD) is scheduled to announce Q4 earnings results on Thursday, February 23rd, after market close.
The consensus EPS Estimate is -$0.24 (-400.0% Y/Y) and the consensus Revenue Estimate is $11.23B (+252.0% Y/Y).
More than 50% of the company's revenues come from advertising and Q4 is expected to have witnessed a steady ad-spending environment.


Earnings History: In Q3, the company logged another miss as advertising weighed on quarter.
Total DTC subscribers were 94.9M, an increase of 2.8M global subscribers since the end of Q2. Global DTC ARPU was $7.52.
Over the last 1 year, WBD has beaten EPS estimates 75% of the time and has beaten revenue estimates 100% of the time.
12 out of 26 Wall Street Analysts have a Strong Buy rating on the stock, 3 says to Buy and 10 Hold rating.
SA Quant rating system screens the stock with a Hold rating and a score of 3.24.
Over the last 3 months, EPS estimates have seen 3 upward revisions and 6 downward. Revenue estimates have seen 5 upward revisions and 10 downward.