WBD Earnings

WBD reported its FY2025Q3 earnings on 2025-11-06, showcasing a revenue of 9.04B against an estimate of 9.18B, resulting in a -1.51% surprise. The EPS was -0.06, surpassing the expected -0.04 by -50%. The stock experienced a -1.49% price change on the earnings day and a 1.27% change over the next five days, reflecting market reactions to the results.

Following WBD's FY2025Q3 earnings announcement on 2025-11-06, the stock price moved by -1.49% on the day of the release. Over the subsequent five days, it saw a 1.27% change. Historically, WBD's stock price tends to shift by an average of 2.99% in the 10 days leading up to earnings and -0.64% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate WBD's annual revenue to reach 8.91B, while the EPS is projected at -0.10. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -0.4% over the past three months, indicating analyst expectation in the company's performance.

The correlation between WBD's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -0.4%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, WBD's stock price typically moves by 2.99% in the 10 days before its earnings and -0.64% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of -0.10 and revenue of 8.91B.

The earnings call highlights strong financial performance, with record box office sales and significant Golden Globe wins. HBO Max's subscriber growth and future expansion plans are promising. The Q&A session reveals confidence in Discovery Global's leverage and strategic investments in content and advertising. Despite some management evasiveness, the overall sentiment is positive due to strong financial metrics, optimistic guidance, and strategic growth initiatives.