Barrington Research Has Bearish Estimate for WBD Q3 Earnings

Key Points

• Barrington Research has lowered its Q3 2025 EPS estimate for Warner Bros. Discovery to ($0.10) per share, down from a previous estimate of ($0.05).
• Despite the downgrade, Barrington Research maintains an "Outperform" rating with a price target of $16.00 for the stock.
• Warner Bros. Discovery recently reported a quarterly EPS of $0.63, exceeding analysts' expectations and marking a revenue increase of 1.0% year-over-year.

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Stock analysts at Barrington Research decreased their Q3 2025 earnings estimates for Warner Bros. Discovery in a research report issued to clients and investors on Wednesday, August 13th. Barrington Research analyst P. Sholl now anticipates that the company will earn ($0.10) per share for the quarter, down from their prior estimate of ($0.05). Barrington Research currently has a "Outperform" rating and a $16.00 target price on the stock. The consensus estimate for Warner Bros. Discovery's current full-year earnings is ($4.33) per share. Barrington Research also issued estimates for Warner Bros. Discovery's Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at $0.24 EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.24) EPS.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.79. Warner Bros. Discovery had a return on equity of 2.14% and a net margin of 2.00%.The firm had revenue of $9.81 billion during the quarter, compared to analysts' expectations of $9.73 billion. During the same quarter in the prior year, the firm posted ($4.07) EPS. The company's revenue for the quarter was up 1.0% on a year-over-year basis.

Several other research analysts have also recently commented on WBD. UBS Group raised their target price on Warner Bros. Discovery from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 8th. Morgan Stanley lifted their target price on shares of Warner Bros. Discovery from $10.00 to $13.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. KeyCorp lowered their target price on shares of Warner Bros. Discovery from $18.00 to $16.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Argus raised shares of Warner Bros. Discovery to a "hold" rating in a research report on Tuesday, May 27th. Finally, Bank of America raised their price target on shares of Warner Bros. Discovery from $14.00 to $16.00 and gave the stock a "buy" rating in a research note on Tuesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $13.14.

Warner Bros. Discovery Stock Performance

Shares of NASDAQ:WBD traded down $0.0450 during trading on Friday, hitting $11.5150. 18,102,498 shares of the stock were exchanged, compared to its average volume of 46,742,281. The company has a market capitalization of $28.51 billion, a price-to-earnings ratio of 38.38, a price-to-earnings-growth ratio of 1.58 and a beta of 1.57. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.04 and a current ratio of 1.04. Warner Bros. Discovery has a 1-year low of $6.78 and a 1-year high of $13.86. The company's fifty day simple moving average is $11.76 and its 200-day simple moving average is $10.39.

Hedge Funds Weigh In On Warner Bros. Discovery

Several hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Warner Bros. Discovery during the 2nd quarter worth about $306,848,000. Independent Franchise Partners LLP acquired a new stake in shares of Warner Bros. Discovery during the 1st quarter worth approximately $140,224,000. Nuveen LLC bought a new stake in shares of Warner Bros. Discovery during the first quarter worth approximately $96,971,000. Sound Shore Management Inc CT acquired a new position in Warner Bros. Discovery in the second quarter valued at approximately $97,951,000. Finally, Maverick Capital Ltd. bought a new position in Warner Bros. Discovery in the second quarter valued at approximately $77,896,000. Institutional investors own 59.95% of the company's stock.

Insider Buying and Selling

In other news, Director Anton J. Levy bought 250,000 shares of the stock in a transaction dated Monday, August 11th. The stock was bought at an average cost of $10.90 per share, with a total value of $2,725,000.00. Following the purchase, the director owned 874,000 shares of the company's stock, valued at approximately $9,526,600. This represents a 40.06% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.80% 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.