Revenue segments as reported by the company.

Advertising

Distribution

Other

Content

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Impairment of goodwill and other intangible assets

Restructuring and other charges

Impairments and loss on dispositions

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Disney

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

Roku

Comcast

Netflix

Paramount Global

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

Charter Communications

Cigna

GEO Group

Generac Holdings

iHeartMedia

MGM Resorts

Nexstar Media Group

Precision Drilling

Stellantis N.V. 

The investing world saw only a few names gain as much notoriety as Michael Burry.

Michael Burry stock portfolio performance update

Arista Networks

Carnival

Chipotle

Centene

Catalent

Dollar General

Intel

NVIDIA

Zions Bancorp

The S&P 500 just dropped for the third straight month — clobbering most S&P 500 investors. But there's still plenty of ways to profit.

10 Stocks Turn $10,000 Into $158,688 In 10 Months

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?

AMC Entertainment

BioNTech SE

Coinbase

Office Depot

Cassava Sciences Inc

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

7 Stocks That Are Heading for a Train Wreck

Media/entertainment sector struggling to find a viable path out of losses and declining business models. Warner Bros. Discovery (WBD) offers a compelling investment opportunity with cost savings, debt repayment, and a diverse range of content services. WBD's management team, including David Zaslav and John Malone, have a track record of success and are capable of navigating challenges.

Warner Bros. Discovery: Mr. Market Clearly Doesn't Get It As A Buy At $10

Warner Bros. Discovery is celebrating its 100th anniversary and is undergoing a radical transformation. With the launch of Max, the company is well-positioned to carve out competitive advantages as a streaming platform with roots in several content categories. Warner Bros. Discovery is aggressively expanding into new markets, particularly in Europe, and plans to include live sports streaming on its platform.

Warner Bros. Discovery: Patience Is Key

In the latest trading session, Warner Bros. Discovery (WBD) closed at $10.37, marking a +0.48% move from the previous day.

Warner Bros. Discovery (WBD) Ascends While Market Falls: Some Facts to Note

Warner Bros. Discovery's (WBD) MotorTrend Group launches its first Spanish-language channel, MotorTrend VELOZ TV.

Warner Bros. Discovery (WBD) Unveils MotorTrend VELOZ Channel

The Alliance of Motion Picture and Television Producers said talks were suspended after the actor's union presented its most recent proposal.

Paramount, Warner Bros. Shares Fall With No End in Sight for Actors Strike

“Barbie” racked up superlatives and was the unlikely original film to dominate the box office this summer. But as film studios and advertisers search for takeaways and Hollywood writers get back to work, analysts say the film's success will be hard to repeat and is unlikely to stop the deluge of franchise movies, remakes and sequels.

‘Barbie' was the rare original-film summer blockbuster. It will not reverse the franchise flood.

Baxter

Boston Properties

Fidelity National Information

SPDR Portfolio Long Term Treasury ETF

AT&T

V.F.

Walgreens

If you own long-term Treasurys, you'd be hard-pressed to find a worse investment the S&P 500. But it's possible.

Only 7 Stocks Burn Investors Worse Than Long-Term Treasurys

The Writers Guild of America has officially ratified its new three-year contract with Hollywood studios.

Hollywood writers ratify new contract with studios

Streaming economics will improve over time through increases in subscriber prices, longer-term plans to reduce churn, and reduced growth in content spend. Warner Bros. Discovery has best-in-class content and one of the most comprehensive streaming options in the market, making it well positioned for the shift to streaming. The decline of linear will eventually start to matter less as cable and streaming become more comparable in terms of value.

Warner Bros. Discovery: The Economics Of Streaming Will Get A Lot Better

A dispute between Disney and Charter Communications showed another challenge for legacy media companies. Management lowered its full-year EBITDA guidance due to the impact of the writers and actors' strikes.

Why Warner Bros. Discovery Stock Fell 17% in September

Here are all the streaming services that have raised their prices this year.

Netflix And Discovery+ Will Hike Streaming Prices, Max Adds Live Sports

Amazon

If you're looking for streaming stocks to sell, Netflix (NASDAQ: NFLX ) might have tipped its hand recently about its plans for the future.   The Wall Street Journal reported on October 3rd that NFLX was looking to raise the price of its ad-free streaming tier once the actor's strike ends.

3 Streaming Stocks Smart Investors Are Selling Now

BURBANK, Calif.--(BUSINESS WIRE)--KEVIN COSTNER RETURNS TO THE BIG SCREEN, DIRECTING & STARRING IN A TWO-PART CINEMATIC EVENT FROM WARNER BROS. IN THEATERS NATIONWIDE SUMMER 2024.

Kevin Costner Returns to the Big Screen, Directing and Starring in a Two-Part Cinematic Event From Warner Bros. Pictures in Theaters Nationwide Summer 2024

News for Warner Bros Discovery Inc Stock (WBD)