07:43 AM EST, 11/21/2024 (MT Newswires) -- Warner Music Group ( WMG ) reported fiscal Q4 earnings Thursday of $0.08 per diluted share, down from $0.17 a year earlier.

Analysts polled by FactSet expected $0.28.

Revenue for the quarter ended Sept. 30 was $1.63 billion, compared with $1.59 billion a year earlier.

Analysts surveyed by FactSet expected $1.59 billion.

Shares of the company were more than 6% down in recent premarket activity.