Seaport Res Ptn Issues Positive Estimate for WBD Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Analysts at Seaport Res Ptn raised their Q2 2025 earnings per share estimates for Warner Bros. Discovery in a report released on Thursday, May 15th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of ($0.19) for the quarter, up from their previous estimate of ($0.43). The consensus estimate for Warner Bros. Discovery's current full-year earnings is ($4.33) per share. Seaport Res Ptn also issued estimates for Warner Bros. Discovery's Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.39) EPS and FY2026 earnings at ($0.09) EPS.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.06). The business had revenue of $8.98 billion for the quarter, compared to analysts' expectations of $9.66 billion. Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%. The firm's quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.40) earnings per share.

WBD has been the subject of several other research reports. Needham & Company LLC restated a "hold" rating on shares of Warner Bros. Discovery in a research report on Friday, February 28th. Moffett Nathanson raised shares of Warner Bros. Discovery from a "neutral" rating to a "buy" rating and upped their price target for the stock from $9.00 to $13.00 in a research report on Tuesday, January 21st. Barrington Research reiterated an "outperform" rating and issued a $16.00 target price on shares of Warner Bros. Discovery in a research note on Tuesday, May 13th. Barclays upped their price target on Warner Bros. Discovery from $7.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and issued a $13.00 price objective on shares of Warner Bros. Discovery in a research report on Friday, March 7th. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $12.22.

Warner Bros. Discovery Trading Up 2.0%

NASDAQ WBD traded up $0.18 on Monday, hitting $9.23. 38,315,461 shares of the stock were exchanged, compared to its average volume of 33,308,835. Warner Bros. Discovery has a 52-week low of $6.64 and a 52-week high of $12.70. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a fifty day moving average price of $9.14 and a two-hundred day moving average price of $9.91. The firm has a market capitalization of $22.66 billion, a P/E ratio of -2.02, a P/E/G ratio of 8.64 and a beta of 1.46.

Institutional Trading of Warner Bros. Discovery

Institutional investors have recently modified their holdings of the stock. Colonial Trust Advisors boosted its position in shares of Warner Bros. Discovery by 71.8% during the 4th quarter. Colonial Trust Advisors now owns 2,383 shares of the company's stock valued at $25,000 after acquiring an additional 996 shares during the last quarter. WPG Advisers LLC purchased a new stake in Warner Bros. Discovery during the 1st quarter worth approximately $26,000. Stonebridge Financial Group LLC acquired a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Warner Bros. Discovery in the 1st quarter valued at about $27,000. Finally, SRS Capital Advisors Inc. lifted its stake in Warner Bros. Discovery by 313.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 2,559 shares of the company's stock worth $27,000 after acquiring an additional 1,940 shares during the last quarter. Institutional investors and hedge funds own 59.95% of the company's stock.

Insider Activity

In other Warner Bros. Discovery news, Director Piazza Samuel A. Jr. Di bought 17,346 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were purchased at an average price of $11.41 per share, for a total transaction of $197,917.86. Following the transaction, the director now directly owns 159,932 shares of the company's stock, valued at approximately $1,824,824.12. This represents a 12.17% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.90% of the company's stock.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.