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

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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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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.

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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.

Paramount Global

Paramount's combined Paramount+ and Showtime streaming service will launch on June 27.

Paramount streaming service to merge with Showtime on June 27

Apple

Comcast

Apple's position at the top of consumer tech could help it dominate the VR/AR market. Comcast's pivot to content production has vastly strengthened its business.

Why Apple, Comcast, and Warner Bros. Discovery Are No-Brainer Buys Right Now

Disney

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Ditching the dual monitors to take in a big-screen flick is not a bad way to unwind after a long day and busy earnings season.

Box Office Bounce-Back: Entertainment Stocks Produce Strong Returns

Warner Bros. Discovery, Inc. had a difficult quarter, partially due to a tougher market along with mistimed spending. The company has a substantial net debt load that the market needs it to aggressively focus on paying down.

Warner Bros. Discovery Stock Remains Undervalued

Netflix

Streaming stocks have not had a very good run lately. For a while, many of these stocks were screaming higher as the companies continued to add tens of millions of new subs.

3 High-Reward Stocks Riding the Streaming Services Boom

Warner Bros Discovery, Inc. (NASDAQ:WBD ) SVB MoffettNathanson's Inaugural Technology, Media and Telecom Conference Call May 18, 2023 9:00 AM ET Company Participants David Zaslav - President, CEO & Director Conference Call Participants Michael Nathanson - MoffettNathanson Robert Fishman - MoffettNathanson Robert Fishman We are very happy to be here again, kick off the day for us. We got Mr.

Warner Bros Discovery, Inc. (WBD) SVB MoffettNathanson's Inaugural Technology, Media and Telecom Conference Call Transcript

Warner Bros. Discovery announced at its upfront presentation Wednesday the launch of WBD Stream, a new digital video offering bringing together all properties in its portfolio for advertisers.

Warner Bros Discovery Unveils WBD Stream, A Digital Gateway For Advertisers

NEW YORK--(BUSINESS WIRE)--ABCS Insights, a leading ad effectiveness analytics company, today announced that it has been selected as a measurement partner for Warner Bros. Discovery, a global media and entertainment company, to further demonstrate greater attribution and efficacy of advertising campaigns. As part of the partnership, ABCS Insights will focus on providing full funnel measurement, with a particular emphasis on bottom of funnel KPIs such as sales (online and offline), retail visits.

ABCS Insights Announced as Measurement Partner for Warner Bros. Discovery, Focusing on Full Funnel Measurement

Warner Bros. Discovery's stock sank more than 60% in 2022.

Warner Bros. Discovery: Buy, Sell, or Hold?

Warner Bros. Discovery's U.S. streaming unit posted a modest first-quarter profit.

A Bull Market Is Coming: 3 Reasons to Buy Warner Bros. Discovery Stock

FuboTV

Media giants Paramount, Comcast, Warner Bros. Discovery, and Disney are struggling to grow their audiences profitably.

Are Streaming Video Stocks Making Promises They Can't Keep?

Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.

Warner Bros. Discovery Shareholders Slam CEO David Zaslav's Compensation In Say-On-Pay Vote

Bed Bath & Beyond Inc

Delta Air Lines

Con Ed

FirstEnergy

Mattel

MDU Resources Group

National Grid

Vanguard High Dividend Yield ETF

We don't buy stocks to look for a selling point as dividend investors. Our holding period is for life. However, as you become more experienced and learn from investing mistakes, there are times when you should sell a dividend stock.

Thoughts On When To Sell A Dividend Stock

Netflix's password-sharing crackdown could soon be coming to the U.S. Disney+ is losing money hand over fist. Could a price increase be coming?

3 Top Entertainment Stocks to Watch in May

The Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and their walkout is already hurting Hollywood productions.

Hollywood writers' strike halts production of 'Stranger Things,' 'Severance,' Marvel's ‘Blade'

Discovery reported earnings on Friday with mixed results.

Warner Bros. Discovery Reports Good News On The Streaming Front

Warner Bros. Discovery is showing promise in video games and FAST streaming.

Where Will Warner Bros. Discovery Be in 5 Years?

Warner Bros. Discovery's (WBD) first-quarter results reflect strength in overall ad sales, while higher restructuring costs hit the bottom line.

Warner Bros. Discovery (WBD) Q1 Earnings Fall Y/Y, Ad Sales Rise

However, CEO Zaslav said the churn on HBO Max was unacceptably high.

CNN parent Warner Bros Discovery posts surprise quarterly loss

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q1 2023 Earnings Conference Call May 5, 2023 8:00 AM ET Company Participants Andrew Slabin - Investor Relations David Zaslav - President and Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer JB Perrette - Chief Executive Officer and President, Global Streaming and Games Conference Call Participants Doug Mitchelson - Credit Suisse Robert Fishman - MoffettNathanson Steven Cahall - Wells Fargo Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America Securities Matthew Thornton - Truist Securities Operator Ladies and gentlemen, welcome to the Warner Bros.

Warner Bros. Discovery, Inc. (WBD) Q1 2023 Earnings Call Transcript

The headline numbers for Warner Bros. Discovery (WBD) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Warner Bros. Discovery (WBD) Q1 Earnings: A Look at Key Metrics

Warner Bros. Discovery (WBD) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share.

Warner Bros. Discovery (WBD) Misses Q1 Earnings Estimates

Warner Bros Discovery CEO David Zaslav has said the company's U.S. streaming operation is “no longer bleeding” after it posted a $50M profit for Q1 this year. “It's harder to run a business when you have a big bleeder,” he told investors on an earnings call minutes ago.

David Zaslav Says Warner Bros Discovery's Streaming Business Is “No Long Bleeding”

Warner Bros. Discovery announced Friday that its streaming business will turn a profit in 2023.

Warner Bros. Discovery's streaming business set to become profitable in 2023

Warner Bros Discovery reported mixed quarterly earnings before the bell on Friday showing a growing subscriber base but wider loss during 1Q. A bright spot was Warner Bros' streaming unit, which swung to a $50 million profit, compared with a loss of $654 in the year-ago period and a $217 million loss in the fourth quarter of 2022.

News for Warner Bros Discovery Inc Stock (WBD)