What is Seaport Res Ptn's Forecast for WBD Q2 Earnings?

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Research analysts at Seaport Res Ptn upped their Q2 2025 earnings per share (EPS) estimates for shares of Warner Bros. Discovery in a report released on Monday, June 9th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of $0.04 per share for the quarter, up from their previous estimate of ($0.19). 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 $0.20 EPS, Q4 2025 earnings at $0.24 EPS, FY2026 earnings at $0.83 EPS, FY2028 earnings at $0.71 EPS and FY2029 earnings at $0.62 EPS.

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

Other research analysts have also issued research reports about the company. Citigroup reduced their price target on Warner Bros. Discovery from $15.00 to $14.00 and set a "buy" rating on the stock in a research note on Thursday, May 29th. Huber Research raised Warner Bros. Discovery from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 9th. Raymond James cut their target price on Warner Bros. Discovery from $14.00 to $13.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. Argus raised Warner Bros. Discovery to a "hold" rating in a research report on Tuesday, May 27th. Finally, Morgan Stanley cut their target price on Warner Bros. Discovery from $12.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 6th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Warner Bros. Discovery has a consensus rating of "Moderate Buy" and a consensus target price of $12.17.

Warner Bros. Discovery Trading Down 1.3%

Shares of Warner Bros. Discovery stock traded down $0.13 during trading hours on Thursday, reaching $10.03. 39,377,883 shares of the company's stock were exchanged, compared to its average volume of 34,700,413. Warner Bros. Discovery has a 52-week low of $6.64 and a 52-week high of $12.70. The firm has a market capitalization of $24.62 billion, a price-to-earnings ratio of -2.19, a price-to-earnings-growth ratio of 8.64 and a beta of 1.51. The company has a fifty day moving average of $8.99 and a 200-day moving average of $9.93. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.03.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Warner Bros. Discovery during the fourth quarter valued at about $362,210,000. Contrarius Group Holdings Ltd acquired a new stake in shares of Warner Bros. Discovery during the fourth quarter valued at about $168,930,000. Independent Franchise Partners LLP acquired a new stake in shares of Warner Bros. Discovery during the first quarter valued at about $140,224,000. FMR LLC grew its stake in shares of Warner Bros. Discovery by 478.5% during the fourth quarter. FMR LLC now owns 14,278,600 shares of the company's stock valued at $150,925,000 after acquiring an additional 11,810,191 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Warner Bros. Discovery during the first quarter valued at about $96,971,000. 59.95% of the stock is owned by hedge funds and other institutional investors.

Warner Bros. Discovery Company Profile

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.