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Reading: Warner Bros. Discovery Doubtless To Report Narrower Q1 Loss; Right here Are The Current Forecast Adjustments From Wall Road’s Most Correct Analysts – Warner Bros. Discovery (NASDAQ:WBD)
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CloseUpBaltimore.com > Blog > Business > Warner Bros. Discovery Doubtless To Report Narrower Q1 Loss; Right here Are The Current Forecast Adjustments From Wall Road’s Most Correct Analysts – Warner Bros. Discovery (NASDAQ:WBD)
Business

Warner Bros. Discovery Doubtless To Report Narrower Q1 Loss; Right here Are The Current Forecast Adjustments From Wall Road’s Most Correct Analysts – Warner Bros. Discovery (NASDAQ:WBD)

Laura Hersh
Last updated: 2024/05/09 at 8:03 AM
Laura Hersh 3 Min Read
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Warner Bros. Discovery, Inc. WBD is ready to launch earnings outcomes for its first quarter earlier than the opening bell on Could 9.

Analysts anticipate the New York-based firm to report a quarterly loss at 24 cents per share, versus a year-ago lack of 44 cents per share. Warner Bros. Discovery is projected to report quarterly income of $10.23 billion, in comparison with $10.7 billion a 12 months in the past in line with information from Benzinga Professional.

On Feb. 28, Locality introduced a strategic native video promoting partnership with Warner Bros. Discovery.

Warner Bros. Discovery shares rose 0.4% to shut at $7.80 on Wednesday.

Benzinga readers can entry the newest analyst rankings on the Analyst Inventory Scores web page. Readers can kind by inventory ticker, firm title, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.

  • Wolfe Analysis analyst Peter Supino downgraded the inventory from Peer Carry out to Underperform with a value goal of $7 on April 23. This analyst has an accuracy charge of 60%.
  • Rosenblatt analyst Barton Crockett upgraded the inventory from Promote to Impartial and boosted the worth goal from $7 to $10 on March 21. This analyst has an accuracy charge of 68%.
  • Citigroup analyst Jason Bazinet maintained a Purchase ranking and lower the worth goal from $16 to $14 on Feb. 29. This analyst has an accuracy charge of 65%.
  • Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight ranking and lower the worth goal from $14 to $10 on Feb. 26. This analyst has an accuracy charge of 75%.
  • JP Morgan analyst Philip Cusick maintained a Impartial ranking and slashed the worth goal from $13 to $10 on Feb. 26. This analyst has an accuracy charge of 60%.

Learn This Subsequent: GrafTech Worldwide And a pair of Different Penny Shares Insiders Are Shopping for

Market Information and Knowledge dropped at you by Benzinga APIs

© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.



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TAGGED: Accurate, Analysts, Bros, category: Earnings, category: Markets, category: News, category: Pre-Market Outlook, category: Price Target, category: Trading Ideas, CMS: WordPress, Discovery, Forecast, Loss, Narrower, NASDAQWBD, PageIsBzPro: BZ, Report, streets, symbol: WBD, symbol: WBS, tag: Expert Ideas, tag: Wall Street's Most Accurate Analysts, Wall, Warner
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