Warner Bros. Discovery (WBD) Stock Moves -0.18%: What You Should Know

Warner Bros. Discovery (WBD) ended the recent trading session at $11.01, demonstrating a -0.18% swing from the preceding day's closing price. This move was narrower than the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.53%.Heading into today, shares of the operator of cable TV channels such as TLC and Animal Planet had gained 5.05% over the past month, outpacing the Consumer Discretionary sector's loss of 4.73% and the S&P 500's loss of 4.03% in that time.Analysts and investors alike will be keeping a close eye on the performance of Warner Bros. Discovery in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.13, showcasing a 67.5% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $9.84 billion, indicating a 1.16% downward movement from the same quarter last year.For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.12 per share and a revenue of $39.1 billion, representing changes of +97.4% and -0.57%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for Warner Bros. Discovery. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 192.95% decrease. As of now, Warner Bros. Discovery holds a Zacks Rank of #3 (Hold).The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 78, this industry ranks in the top 32% of all industries, numbering over 250.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks