Warner Bros. Discovery (WBD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2024, Warner Bros. Discovery (WBD) reported revenue of $9.62 billion, down 3.6% over the same period last year. EPS came in at $0.05, compared to -$0.17 in the year-ago quarter.The reported revenue represents a surprise of -2.77% over the Zacks Consensus Estimate of $9.9 billion. With the consensus EPS estimate being -$0.07, the EPS surprise was +171.43%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Warner Bros. Discovery performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total DTC Subscribers: 110.5 million versus 108.31 million estimated by four analysts on average. DTC Subscribers - Domestic: 52.6 million versus the four-analyst average estimate of 53.11 million. Global ARPU: $7.84 compared to the $8.10 average estimate based on four analysts. Domestic ARPU: $11.99 compared to the $12.30 average estimate based on four analysts. Pro Forma Combined DTC Revenues- Total: $2.63 billion versus the five-analyst average estimate of $2.72 billion. The reported number represents a year-over-year change of +8%. Pro Forma Combined Studios Revenues- Total: $2.68 billion versus the five-analyst average estimate of $2.93 billion. The reported number represents a year-over-year change of -16.9%. Revenues (Actual)- Inter-segment eliminations: -$705 million versus the five-analyst average estimate of -$621.23 million. The reported number represents a year-over-year change of +28%. Pro Forma Combined Networks Revenues- Total: $5.01 billion versus $4.80 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change. Pro Forma Combined Revenues- Other: $300 million versus $318.68 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -5.4% change. Pro Forma Combined Revenues- Distribution: $4.92 billion versus $4.92 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change. Pro Forma Combined Revenues- Advertising: $1.68 billion versus $1.68 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.4% change. Pro Forma Combined DTC Revenues- Content: $107 million versus $120 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -10.8% change. View all Key Company Metrics for Warner Bros. Discovery here>>>Shares of Warner Bros. Discovery have returned +8.4% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Warner Bros. Discovery, Inc. (WBD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks