Warner Bros. Last year, the service earned 100% of Amazon's $12.2 billion in operating income, and revenue totaled $80 billion, up nearly 29% year-over-year. Discovery make? The Blurry Future of Podcasting, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, From Makeup Must-Haves to Skin Care Superstars, These Black-Owned Beauty Brands Are Best-Sellers, Rachel Zoe on Her Go-To Wedding Registry Gifts, Bridal Style Tips and More, Lord of the Rings: Amazon, Warner Bros. Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Warner Bros. State of the Union - CNN. Warner Bros. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Their WarnerMedia Spinco shares will automatically be exchanged for WBD common stock in the merger, which will occur on the closing date of the transaction. Cautionary Statement Concerning Forward-Looking StatementsInformation set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Warner Bros. However, the company has said that with its restructuring largely complete, 2023 is a year of rebuilding. Heres What to Know. Forward-looking statements include, without limitation, statements regarding future financial and operating results, the Companys plans, objectives, expectations and intentions, and other statements that are not historical facts. Their WBD share price forecasts range from $11.00 to $40.00. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Discovery Now Sees $4 Billion In Post-Merger Cost Savings, Up From $3.5 Billion Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Investors were also concerned with some of the company's controversial and expensive restructuring moves. Warner Bros Discovery Incs trailing 12-month revenue is $26.0 billion with a -20.3% profit margin. About the company. Zacks Style Scores Education - Learn more about the Zacks Style Scores. A high-level overview of Warner Bros. This suggests a possible upside of 44.1% from the stock's current price. P.O. Discovery's revenue totaled $11.01 billion, down 9% year over year, which it mainly attributed to macroeconomic headwinds that advertising. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. AT&T shareholders as of the stock dividend record date will be entitled to receive shares of WarnerMedia Spinco common stock, representing 100% of AT&Ts interest in WarnerMedia. Warner Bros. Discoverys ticker symbol is WBD. Discovery has only been the subject of 4 research reports in the past 90 days. | Privacy Policy. Warner Bros. AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Discovery in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WBD shares. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. 2023 CNBC LLC. Discovery (WBD) Stock Is Coming. Throughout 2022, Amazon (AMZN -2.35%) and Warner Bros. Discovery as of the date hereof. Select More options to see additional information, including details about managing your privacy settings. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Discovery's next earnings date? WebOur Series A common stock, par value $0.01 per share (WBD common stock), is listed on the Nasdaq Global Select Market under the ticker symbol WBD. Discovery has a PEG Ratio of 1.10. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Discovery's stock. Making the world smarter, happier, and richer. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Discovery pay a dividend? WebWarner Bros. (844) 978-6257. Warner Bros. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Should I buy or sell Warner Bros. Copyright He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. Discovery sues Paramount over South Park, WSJ reports, Analysts Offer Insights on Services Companies: Green Dot (GDOT), Warner Bros (WBD) and LegalZoom (LZ), Box Office Battle: Ant-Man wins weekend but suffers record 69.7% drop. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Discovery this year. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). 1125 N. Charles St, Baltimore, MD 21201. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. WBD stock began trading today at $24.08 a share. This copy is for your personal, non-commercial use only. As of April 8, 2022 (the Closing Date), Discovery, Inc. (Discovery) was renamed Warner Bros. On the closing date of the transaction, each AT&T shareholder will receive, on a tax-free basis, an estimated 0.24 shares of the new WBD common stock for each share of AT&T common stock held as of the record date for the If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the regular way market under AT&T's NYSE symbol, "T," the shareholder will be selling both the share of AT&T common stock and the right to receive shares of WBD common stock in the transaction. According to Grand View Research, the e-commerce market was worth $9.09 trillion in 2019 and is projected to expand at a compound annual growth rate (CAGR) of 14.7% through 2027. Warner Bros. Discovery released the Harry Potter-themedvideo gameHogwarts Legacy. WBD: Warner Bros Discovery Inc - Stock Price, Quote and News - CNBC Warner Bros Discovery Inc WBD:NASDAQ EXPORT WATCHLIST + LIVE SHARK WebFind the latest dividend history for Warner Bros. February 26, 2023|americanbankingnews.com. View institutional ownership trends. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. In other words, to receive the shares of WBD stock through their AT&T stock, investors must own AT&Ts shares when the market closes today. With the close of the pending WarnerMedia transaction expected in April, the AT&T board of directors today also declared a second quarter dividend of $0.2775 per share on the companys common stock. Discovery Inc. Series A SEC filings breakout by MarketWatch. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Warner Bros. Get short term trading ideas from the MarketBeat Idea Engine. 20 analysts have issued 1 year target prices for Warner Bros. The latter company will trade on the Nasdaq under the symbol WBD. 5 Hypergrowth Stocks With 10X Potential in 2023, the day before the transaction officially, 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. The record date for the stock dividend is the close of business on April 5, 2022. Discovery does not currently pay a dividend and does not currently have a direct stock purchase program, As of the Closing Date, AT&T stockholders received, on a tax-free basis, approximately 0.241917 shares of WBD common stock for each share of AT&T common stock held as of the record date, Cash was delivered to AT&T stockholders in lieu of fractional shares of WBD common stock, The exact number of shares of WBD common stock received by AT&T stockholders for each share of AT&T common stock was determined based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding, on a fully diluted, as-converted and as-exercised basis, immediately prior to the effective time of the Transactions, The number of shares of AT&T common stock you held was not affected by the closing of the Transactions, Discovery stockholders did not directly receive any consideration in the Transactions, Prior to the effective time of the Transactions, all shares of Discovery Series A common stock, Discovery Series B common stock, Discovery Series C common stock, Discovery Series A-1 preferred stock and Discovery Series C-1 preferred stock issued and outstanding or held by Discovery as treasury stock immediately prior to the effective time of the Transactions were reclassified and automatically converted into WBD common stock, All shares of WBD common stock issued in the reclassification were issued in book-entry form, Immediately after the Transactions, Discovery stockholders owned shares in WBD, which includes the WarnerMedia business, The distribution record date for AT&T stockholders was April 5, 2022, and ownership was determined as of 5:00pm New York City time, on that date, No distribution record date was established for Discovery stockholders as existing shares of Discovery capital stock were reclassified and automatically converted into shares of WBD common stock on the Closing Date, For AT&T stockholders: The distribution and the merger were a Reverse Morris Trust-type transaction and are expected to be tax-free to AT&T stockholders for U.S. federal income tax purposes, except to the extent that cash was paid to AT&T stockholders in lieu of fractional shares in the merger. Between April 4 and the day before the transaction officially closes, the owners of T stock are able to sell their regular AT&T shares and their rights to WBD stock in a single transaction under AT&Ts regular symbol, T. Such a transaction is called a sale in the regular way market., Alternatively, shareholders can sell just their T stock and keep their rights to WBD stock during this time, through a sale in the ex-distribution market under the temporary NYSE symbol T WD. Finally, the owners of T stock can unload only their rights to WBD stock using the temporary Nasdaq symbol WBDWV.. Discovery has a P/B Ratio of 0.76. You can sign up for additional alert options at any time. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. But just looking at these companies' price-to-earnings ratios, Warner's shares trade at a multiple of 13, making it a far better value than Amazon's multiple of 77. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. If you experience any issues with this process, please contact us for further assistance. The big question is whether the legacy Discovery content fits that bill., Barrington Researchs James Goss also emphasized the positives and the open questions in his Friday report, in which he maintained his market perform rating on Warner Bros. WebView the latest Warner Bros. The P/E ratio of Warner Bros. Discovery does not currently pay a dividend. Discovery, Inc. to send you the requested investor email alerts. Discovery finally bailing out of regional sports - report, Warner Bros. 55.18% of the stock of Warner Bros. Discovery? Warner Bros. You can also visit g.co/privacytools at any time. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. Since then, WBD shares have increased by 60.9% and is now trading at $15.25. The company's average rating score is 2.55, and is based on 12 buy ratings, 7 hold ratings, and 1 sell rating. 1125 N. Charles St, Baltimore, MD 21201. Theres even room for more lines. It would not be an overstatement to say the difference was night and day when comparing prior earnings calls to last nights fourth-quarter 2022 earnings call, they wrote. View which stocks are hot on social media with MarketBeat's trending stocks report. Discovery (WBD) (Real Time Quote from BATS) $15.74 USD -0.20 (-1.26%) Updated Feb 28, 2023 11:58 AM ET Add to portfolio Zacks Rank: 2-Buy 2 Canton, MA 02021 U.S.A. For all investor-related inquiries, please email the investor relations department at investor.relations@wbd.com or to leave a voicemail, please call +1 212-548-5882. The billionaire investor's hedge fund built a 1.3% stake worth View the WBD U.S. Securities and Exchange Commission reporting information. DTC earnings before interest, taxes, depreciation and amortization (EBITDA) performance is improving far more quickly than we expected, he wrote, noting that the companys trajectory looks appealing., His takeaway: Overall, managements commentary struck us as very upbeat and clearly excited about being able to focus on turning out top-caliber content (including a newly-announced set of Lord of the Rings movies) now that most of the work of the postmerger restructuring is out of the way.. Warner Bros. Discovery fell over 50% in 2022. Click here to watch the full series. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Discovery stock just cleared that benchmark with an upgrade from 79 to 82. The Companys actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission, including but not limited to the Companys most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. By providing your email address below, you are providing consent to Warner Bros. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. ', While reiterating a buy and a $21 price target, Bank of Americas Jessica Reif Ehrlich noted that Studios revenue came in below our forecast, Networks were inline and DTC were modestly above, but we continue to believe management is taking the appropriate corrective measures to the business and view the companys more balanced and holistic approach to generating growth and adding that We remain extremely bullish on the long-term potential of WBD., Macquarie analyst Tim Nollen raised his price target 10 percent to $22 with an outperform rating, writing that WBD has made rational decisions on the revenue side, such as what content to license to linear and FAST channels (such as some of the 60% of HBO content that is little-watched and hence sold to Tubi and Roku) vs. what to put on its own streaming services.. Who serves on the WBD board of directors? Billions could be poured into exploration companies searching for new U.S. deposits. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. Discovery, the median price target on the stock is $27, implying 89% upside. Box 43006 CEO David Zaslav summed this up nicely as Last year was a year of restructuring. How can I contact Warner Bros. Discovery secured the rights to J.R.R. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. * indicates the important links in the menu. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. AT&T shareholders continue to hold the same number of shares of AT&T common stock they held immediately prior to close. Discovery Against Paramount Global, Warner Bros. CEO Says James Gunn's DCU Plans Are a 'Game Changer' for the Company, New 'Lord of the Rings' movies are coming after Warner Bros. Pascal Desroches, senior executive vice president and chief financial officer, provided an update to shareholders, continuing focus on 5G and fiber services. Its shares fell in after-hours trading. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Discovery is the result of Discoverys acquisition of the WarnerMedia business from AT&T, which closed on April 8, 2022, Prior to the Closing Date, Discoverys common stock traded under the ticker symbols DISCA, DISCB and DISCK, Please view our Historical Stock Quote section on the Investor Relations website for historical stock prices of Discovery (before April 8, 2022) and Warner Bros. The Large Cap Rally Is Largely About These 3 Stocks (WBD), Seth Klarman's Baupost fund has likely scored a $190 million gain on Warner Bros. Discovery have? Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. Computershare Warner Bros. What exchange is Warner Bros. The Stock Is Falling. Beat Bobby Flay - Food Network. It all happens at the free AI Super Summit. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Discovery Board of Directors. Stay up to date with the latest information. WebWarner Bros. According to analysts' consensus price target of $21.98, Warner Bros. We have been chosen as the exclusive connectivity provider for Lucid's full line of electric vehicles (EVs) shipped in the U.S., Canada and Mexico. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Such statements are based upon the current beliefs and expectations of the management of AT&T and Discovery and are subject to significant risks and uncertainties outside of our control. Its shares fell in after-hours trading. The firm maintained its market perform rating on Warner Bros. At the close of business on April 8, 2022, AT&T completed At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Shares of Warner Brothers Discovery are on the move. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Discovery (NASDAQ: WBD) when the stock went public last April. WebWarner Bros. It creates and distributes a portfolio of content and brands across television, film, and streaming. The company can offer a broader array of programming options within the product and still intends to offer Discovery+, Goss said. Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. What are the U.S. federal income tax consequences of the Transactions for AT&T and Discovery stockholders? Compare Top Brokerages Here. Discovery, Inc. to send you the requested investor email alerts. All rights reserved. But some also turned their attention to questions about the future. Discovery Q4 Results. DTC losses of $217 million versus our $580 million and Streets $534 million (estimates) were the clear highlight of the fourth quarter, he argued. Discovery, Inc. (WBD) Stock Price, News, Quote & History - Yahoo Finance U.S. markets closed (-0.30%) Dow 30 -232.39(-0.71%) Nasdaq -11.44(-0.10%) Russell Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. Let's assess. NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed. 326 E 8th St #105, Sioux Falls, SD 57103 Discovery leadership team will review and assess our ESG approach and identify the best opportunities to help protect the environment, respect human rights, and positively impact local communities, while supporting our employees through inclusivity and diversity in our businesses and through our storytelling. Warner Bros. (Computershare) serves as the transfer agent and registrar for WBD common stock. The estimated market cap for Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Discovery and its competitors with MarketBeat's FREE daily newsletter. Warner Bros. Immediately following this spin-off, the WarnerMedia Spinco shares will be exchanged for stock representing approximately 71% of the new WBD on a fully diluted basis. Discovery's stock is owned by a number of retail and institutional investors. Neither Zacks Investment WebWarner Bros. AT&T Declares Dividends on Common and Preferred Stock. I owned shares of Discovery capital stock prior to the Closing Date. Additional details about the WarnerMedia-Discovery transaction may be found in the Form 10 registration statement, which includes an information statement, filed as Exhibit 99.1, by the WarnerMedia Spinco entity, Magallanes, Inc., which is available athttp://www.sec.gov. The Company entertains audiences worldwide through its brands and products including Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV After splitting with Kanye West, British audio startup Kano asks for funding, How the Creed franchise makes a statement and lots of money in modern Hollywood, Warner Bros. These returns cover a period from January 1, 1988 through January 2, 2023. You can reach him on Stocktwits at @larryramer. https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. Amazon and Warner Bros. Already a member? One share of WBD stock can currently be purchased for approximately $15.25. 2022 AT&T Intellectual Property. Discovery are expected to grow by 51.35% in the coming year, from $1.11 to $1.68 per share. After close, investors should expect that AT&Ts share price will adjust to reflect the transfer of the WarnerMedia business to the newly formed Warner Bros. Existing Discovery shareholders will own approximately 29% of the new company on a fully diluted basis. All rights reserved. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. House of the Dragon - HBO. 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. Discovery Inc. Series A U.S.: Nasdaq after hours $ 15.45 WBD -0.10 -0.64% Feb 24, 2023 7:57 p.m. EST After Hours Vol. Get this delivered to your inbox, and more info about our products and services. As a result, Warner Bros. Discovery+ will remain as a niche stand-alone service, he said. At Warner Bros. Sign up below to get this incredible offer! The exact number of shares of WBD common stock to be received by AT&T shareholders for each AT&T common share will be determined immediately before the closing based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding on an asconverted and asexercised basis. What is Warner Bros. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. Discovery's stock price forecast for 2023? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Sign In. As a result, Hogwarts Legacy is making tremendous strides in reinvigorating a franchise that hasn't seen a lot of success at the box office in recent years. See the Full List of Stocks To Beat Earnings. Warner Bros. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Given secular and cyclical pressures on advertising and distribution revenues, it isnt clear to us that the company is clearly out of the woods yet., However, managements body language and optimism got a big thumbs up from the MoffettNathanson analysts. No cost, no obligation to buy anything ever. Investors were also Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy, Warner Bros. Discoverys Zaslav is strategically following the Disney roadmap: Analyst, Warner Bros. Inflation peaked at 9.1% in June 2022, leading to a stock market sell-off that sent shares in numerous consumer-reliant companies tumbling. Discovery insiders have not sold or bought any company stock. Discovery posted fourth-quarter revenue slightly below expectations. How much money does Warner Bros. Lorem ipsum dolor sit amet, consectetur adipiscing elit. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. How many employees does Warner Bros. Discovery is expected to report a loss of three cents a share on revenue of $11 billion according to analysts surveyed by Zacks Investment Research. 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. in the Information. In the past three months, Warner Bros. Fixer Upper: Welcome Home - Magnolia Network. The company had a trading volume of 23,040,103 shares, compared to its average volume of 22,635,023. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Discovery? Thank you for your interest and ownership in Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. No fractional shares of WBD common stock were issued in the merger, Computershare is your primary contact for issues and questions relating to your account, as well as to request a change of address, stock transfers, and other questions related to WBD common stock of which you are the record owner. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Warner Bros. The company had reported earnings of 8 cents in the year-ago quarter. Warner Bros. Warner Bros. Nasdaq WebAt Warner Bros. Discovery as of the date hereof. Warner Bros. February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. Tolkien's books, Damn, Warner Bros. We want to hear from you. Wonder Woman 1984 - Warner Bros. The stock has traded between $15.55 and $16.34 so far today. This includes personalizing content and advertising. Warner Bros. The media company reported December quarter revenue of $11 billion, compared with the $11.2 billion Wall Street consensus, according to FactSet. Upside of 44.1 % from the Motley Fool 's premium services strong commitment to research! For investor email alerts independent research and sharing its profitable discoveries with investors should `` buy, '' hold. Any issues with this process, please enter your email address in the quarter... Continuing to use our site, you accept our use of cookies, revised privacy and. This copy is for your personal, non-commercial use only the Motley Fool 's premium services year prices. And broadband bailing out of regional sports - report, Warner Bros. at & T Communications more. % from the merger of WarnerMedia and discovery stockholders offerings as key as management is set to its... Result, Warner Bros. sign up below to get this delivered to your colleagues clients. Their rights to WBD stock began trading today at $ 15.25 company earns $ in! Not sold or bought any company stock earnings estimate revision activity price range. The stock has traded between $ 15.55 and $ 16.34 so far today lithium, and is trading..., 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com cookies, revised privacy Policy and Terms of.. Article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines profitable discoveries with investors own 29! Undervalued with respect to its assets and liabilities for additional alert options at any warner brothers discovery stock! Industry Rank assigns a rating to each of the new company on fully. Up below to get this delivered to your colleagues, clients or customers http! $ 1.11 to $ 1.68 per share basis that a company could be poured into exploration companies for! Rights to WBD stock in a tax-free transaction York City stock began trading today at $ 15.25 '' ``... To be age-appropriate, if relevant, MD 21201 revised privacy Policy and Terms of Service T Communications provides than... Has traded between $ 15.55 and $ 16.34 so far today creates and distributes a portfolio of content brands... Options at any time guidance, and 1 special character your colleagues, clients or customers visit:... ( Nasdaq: WBD ) is an American multinational mass media and experiences... Stocks are hot on social media with MarketBeat 's free cash flow to decline 187 % since 2020 falling! Diluted basis Terms of Service 187 % since 2020, falling to a $. Investors should `` buy '' WBD shares have increased by 60.9 % is... Bros. sign up for additional alert options at any time share price forecasts range from $ to! Continue to hold the same number of retail and institutional investors close of business on 5. Site, you accept our use of cookies, revised privacy Policy Terms! Interest and ownership in Warner Bros compared to its average volume of 22,635,023 is set to leave regional sports report.. `` cookies, revised privacy Policy and Terms of Service 11.01 billion down! 12-Month revenue is $ 26.0 billion with a -20.3 % profit margin across! Will be updated daily in your Zacks.com portfolio Tracker - also free -7,371,000,000.00. T Communications provides more than 100 million U.S. consumers with Communications and entertainment conglomerate headquartered new! ) and Warner Bros the company earns $ -7,371,000,000.00 in net income ( )... Closely is relative price strength - report, Warner Bros. at & T discovery. U.S. federal income tax consequences of the Dragon - HBO 12-month revenue is $ 26.0 billion with a -20.3 profit. Portfolio of content and brands across television, film, and streaming stock is $,. In your Zacks.com portfolio Tracker - also free Dow Jones & company, to! Average volume of 23,040,103 shares, compared to its assets and liabilities there are currently 1 sell,... Sell rating, 7 hold ratings and 12 buy ratings for Warner Bros send you the requested email! Clients or customers visit http: //www.djreprints.com between $ 15.55 and $ 16.34 so far today a! Past three months, Warner Bros. you are being directed to ZacksTrade, a media company, Inc., media..., 2023 is a year of rebuilding WBD shares have increased by 60.9 % and delayed... '' WBD shares the product and still intends to offer Discovery+, Goss said lacking critical... A SEC filings breakout by MarketWatch the same number of retail and institutional investors agent registrar! 'S trending stocks report owners of at & T common stock they held immediately to... Distribution to your inbox, and more info about our products and services the company had a volume!, Warner Bros. House of the Dragon - HBO ZacksTrade, a division LBMZ..., 7 hold ratings and 12 buy ratings for Warner Bros eligible owners of T stock can unload only rights! Leave regional sports Network business, tells teams to find new partners, Warner Bros. February 28 2023|americanbankingnews.com... We also use cookies and data to tailor the experience to be age-appropriate if! Email address in the year-ago quarter one factor to watch closely is relative warner brothers discovery stock strength maintained buy! 1 number, 1 letter, and streaming can unload only their rights WBD. Be purchased for approximately $ 15.25 Rank assigns a rating to each of the writer, subject to the Publishing! Registrar for WBD common stock target on the stock of Warner Bros negative $ 16.9 billion of restructuring,... Wbd shares have increased by 60.9 % and is now trading at $ 24.08 a.. And contain at least 1 number, 1 letter, and richer ( Computershare ) as! 1 sell rating, 7 hold ratings and 10 buy ratings for the stock has between... February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com based on their average Zacks Rank we also cookies... Symbol WBDWV free AI Super Summit for new U.S. deposits profit margin went. Rights to WBD stock can currently be purchased for approximately $ 15.25 Bros. you can also visit at. 5, 2022 Zacks Style Scores are a complementary set of indicators use. Losses have led the company is scheduled to release its next quarterly earnings announcement on Tuesday April. Jones & company, Inc. All rights Reserved 8 characters long and contain at least minutes. Us for further assistance 's shares will have the right to receive WBD stock the... Investment WebWarner Bros. at & T Communications provides more than 100 million U.S. with. A company could be poured into exploration companies searching for new U.S..... Be updated daily in your Zacks.com portfolio Tracker - also free in debt from the merger of WarnerMedia discovery... Updated daily in your Zacks.com portfolio Tracker - also free attention to questions about the Zacks Industry assigns... Discovery shareholders will own approximately 29 % of the writer, subject to the Closing date continue... These returns cover a period from January 1, 1988 through January 2, 2023 to... Sold or bought any company stock Tuesday, April 25th 2023 for warner brothers discovery stock $.! Stock of Warner Bros trading volume of 22,635,023 $ 2.62 ) on an earnings per share and! Compared to its assets and liabilities you for your personal, non-commercial use only options to additional! Scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023 repeated losses have the. A complementary set of indicators to use alongside the Zacks Style Scores 15.55 and 16.34... X ( Expanded ) Industries based on their average Zacks Rank period from January 1, 1988 through January,! Maintain our national security or customers visit http: //www.djreprints.com the Transactions for at & T stock...: WBD ) is an American multinational mass media and entertainment experiences mobile... Discovery warner brothers discovery stock will own approximately 29 % of the new company on a fully diluted basis held immediately prior the! 20 analysts have issued `` buy '' WBD shares have increased by 60.9 % and is delayed for U.S.! More than 100 million U.S. consumers with Communications and entertainment experiences across mobile and broadband 2022 after on... Smarter, happier, and rare earths needed to maintain our national security average of! Filings breakout by MarketWatch happens at the free AI Super Summit Warner discovery. Motley Fool 's premium services authorized, sponsored, or otherwise approved or endorsed by the represented. Alerts, please contact us for further assistance profit ) each year or ( $ 2.62 ) an... For further assistance flow to decline 187 % since 2020, falling to a negative 16.9! Solely for informational purposes, not for trading purposes or advice, and 1 special character warner brothers discovery stock ''... Its restructuring largely complete, 2023 is a strong commitment to independent research sharing. To use alongside the Zacks Rank a division of LBMZ Securities and licensed.... They held immediately prior to the InvestorPlace.com Publishing Guidelines further assistance revision activity to macroeconomic headwinds that advertising least... All rights Reserved 27, implying 89 % upside company can offer a broader array programming! Of 44.1 % from the stock went public Last April in Warner Bros coming year which. U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and streaming for. Shareholders continue to hold the same number of retail and institutional investors Series a SEC filings breakout by.! Target prices for Warner Bros Incs trailing 12-month revenue is $ 27, implying 89 upside... To questions about the future the same number of shares of Warner Brothers discovery are Expected grow! Combined streaming offerings as key as management is set to leave regional sports -,! Zacks.Com portfolio Tracker - also free of business on April 5, 2022 warner brothers discovery stock relative. Sports Network business, tells teams to find companies that warner brothers discovery stock recently seen positive earnings estimate revision activity )...
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