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Warner Bros. Discovery Swings to Profit in Q3, Revenue Falls
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Warner Bros. Discovery Swings to Profit in Q3, Revenue Falls
Nov 9, 2024 12:06 PM

08:05 AM EST, 11/07/2024 (MT Newswires) -- Warner Bros. Discovery ( WBD ) reported Q3 earnings Thursday of $0.05 per diluted share, compared with a loss of $0.17 a year earlier.

Analysts polled by Capital IQ expected a GAAP loss of $0.07.

Revenue for the quarter ended Sept. 30 was $9.62 billion, down from $9.98 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.79 billion.

Warner Bros. Discovery ( WBD ) shares were up 4.4% in premarket trading.

Price: 8.24, Change: +0.01, Percent Change: +0.12

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