Warner Bros. Discovery Shares Gain 2.2% as EPS Forecast Jumps 140%, Revenue Slips
Shares rose 2.17%, outpacing the S&P 500’s 0.33% decline. Upcoming quarter EPS is forecast at $0.08, up 140% year-over-year, while revenue is seen sliding 5.7% to $9.46 billion, leaving forward P/E at 118.3 versus the 10.7 industry average.
1. Market Outperformance
Warner Bros. Discovery shares climbed 2.17% in the latest session, outperforming the S&P 500’s 0.33% drop and narrowing a prior 4.19% lag relative to the Consumer Discretionary sector. The gain also contrasted with a 0.59% decline in the Nasdaq and a 0.1% rise in the Dow.
2. Earnings and Revenue Forecasts
Analysts project Q1 EPS of $0.08, reflecting a 140% increase versus the year-ago quarter, while revenue is expected to decline 5.7% to $9.46 billion. Full-year consensus calls for earnings of $0.64 per share (up 113.9%) and revenue of $37.29 billion (down 5.2%).
3. Valuation and Analyst Rankings
The stock trades at a forward P/E of 118.3, significantly above the industry average of 10.73. Recent EPS estimates have shifted 12.1% downward over the past month, contributing to a Zacks Rank of #3 (Hold).