Warner Bros.Discovery (NASDAQ:WBD) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Warner Bros.Discovery missed estimated earnings by 3400.0%, reporting an EPS of $-1.05 versus an estimate of $-0.03.
Revenue was up $6.76 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.65 which was followed by a 5.04% drop in the share price the next day.
Here’s a look at Warner Bros.Discovery’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.83 | 0.41 | 0.85 |
| EPS Actual | 0.69 | 0.08 | 0.24 | 0.92 |
| Revenue Estimate | 7.25B | 3.12B | 3.14B | 2.97B |
| Revenue Actual | 3.16B | 3.19B | 3.15B | 3.06B |
To track all earnings releases for Warner Bros.Discovery visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
