AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. The big question is whether the legacy Discovery content fits that bill., Barrington Researchs James Goss also emphasized the positives and the open questions in his Friday report, in which he maintained his market perform rating on Warner Bros. Warner Bros. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). Warner Bros Discovery Inc does not currently pay a dividend. Discovery posted fourth-quarter revenue slightly below expectations. Copyright Warner Bros. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Forward-looking statements include, without limitation, statements regarding future financial and operating results, the Companys plans, objectives, expectations and intentions, and other statements that are not historical facts. Discovery are expected to grow by 51.35% in the coming year, from $1.11 to $1.68 per share. What is Warner Bros. 2023 CNBC LLC. All rights reserved. Click here to watch the full series. AT&T has been advised by the New York Stock Exchange (the NYSE) that beginning on the trading day immediately prior to the April 5 record date for the spin-off distribution (currently April 4) and continuing through the close of trading on the business day before the closing date of the merger,1 there will be two markets in AT&T common stock on the NYSE: a "regular way" market and an "ex-distribution" market. On the closing date of the transaction, anticipated to be in April, AT&T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in Warner Bros. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. 3 days ago - Barrons Warner Bros. The stock has traded between $15.55 and $16.34 so far today. At Warner Bros. Sign-up to receive the latest news and ratings for Warner Bros. WebWarner Bros. Discovery's major shareholders? All rights reserved. AT&T Latin America provides wireless services to consumers and businesses in Mexico. Discovery shares are the better buy right now, and a bargain at their current price. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Discovery Full Year 2022 Earnings: Misses Expectations, Warner Bros. Warner Bros. What is the market capitalization of Warner Bros. The Zacks Rank has been called the Billion Dollar Secret. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the regular way market under AT&T's NYSE symbol, "T," the shareholder will be selling both the share of AT&T common stock and the right to receive shares of WBD common stock in the transaction. WBD is re-launching a combined service in April. Discovery's stock price forecast for 2023? Warner Bros. Its worth noting that among 19 analysts who cover Warner Bros. Warner Bros. Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. But he lauded significant direct-to-consumer progress. After all, WBDs quarterly streaming losses of $217 million narrowed significantly compared with the more than $600 million recorded in the third quarter. Discovery as of the date hereof. Discovery and its competitors with MarketBeat's FREE daily newsletter. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Get short term trading ideas from the MarketBeat Idea Engine. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Discovery, the median price target on the stock is $27, implying 89% upside. Discovery's mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910. Existing Discovery shareholders will own approximately 29% of the new company on a fully diluted basis. What is Warner Bros. Warner Bros. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. At the close of business on April 8, 2022, AT&T completed State of the Union - CNN. Warner Bros. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Real time prices by BATS. Please log in to your account or sign up in order to add this asset to your watchlist. AT&T expects to close the transaction in April,second quarter dividend on common stock, payable in May,has been set according to previously announced updated dividend policy. WebAt Warner Bros. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. To make the world smarter, happier, and richer. The P/E ratio of Warner Bros. Meanwhile, Amazon is by far the biggest online retailer with a 37.8% U.S. market share. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. During this period of two-way trading in AT&T common stock, there will also be a market on the Nasdaq for WBD common stock on a when issued (WI) basis. 55.18% of the stock of Warner Bros. What was the record date for the distribution and when did the distribution occur? How The Mandalorian Handled Absence of Gina Caranos Cara Dune, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, Paramount CFO: Streaming Content Spending Could Come in Below $6B Target In 2024, BBC Journalism Union Members Vote in Favor of Strike, 'Lord of the Rings': Amazon, Warner Bros. Ready for Tolkien Battle, David Zaslav Chases the One Metric to Rule Them All: Streaming Profits, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, Liberty Media Fourth-Quarter Revenue Grows Across SiriusXM, Atlanta Braves, F1 Units, YouTubes New CEO Outlines His Priorities, Teases Upcoming Features, Pivot to Something? With a combined weighting of more than 4%, its strength in these three tickers that have much to do with the S&Ps 2023 performance. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. 326 E 8th St #105, Sioux Falls, SD 57103 Discovery's investor relations website at https://ir.wbd.com . Warner Bros. About the company. Discovery. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. Fourth-quarter revenue came in at $11.1 billion well short of the $11.36 billion estimates while quarterly losses came in at a total of $2.1 billion, or 86 cents per share. This release has been revised since it was originally published to update the NYSE symbol for AT&T common stock trading in the ex-distribution market. Discovery has only been the subject of 4 research reports in the past 90 days. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Discovery as of the date hereof. Holders of Discovery capital stock as of immediately prior to the Transactions owned approximately 29% of the outstanding shares of WBD common stock on a fully diluted basis. Amazon and Warner Bros. Heres What to Know. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol WBD. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. This includes personalizing content and advertising. The Company offers audiences the differentiated and complete portfolio of content, brands, and franchises across television, film, streaming, and gaming in approximately 220 countries and territories and 50 languages. Discovery Q4 Results. All rights reserved. AT&T shareholders continue to hold the same number of shares of AT&T common stock they held immediately prior to close. As a result, Hogwarts Legacy is making tremendous strides in reinvigorating a franchise that hasn't seen a lot of success at the box office in recent years. Stock Ratings Reports Beat Bobby Flay - Food Network. The news is promising. Warner's recent prioritization of quality over quantity in its content is promising for its future. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the ex-distribution market under the temporary NYSE symbol "T WD," the AT&T shareholder will be selling only a share of AT&T common stock and will retain the right to receive shares of WBD common stock in the transaction. Discovery and raised his stock price target by $1.50 to $18. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. See the Full List of Stocks To Beat Earnings. Shares of Warner Brothers Discovery are on the move. Talk about a change in tone! Discovery secured the rights to J.R.R. This suggests a possible upside of 44.1% from the stock's current price. How can I contact the transfer agent for WBD common stock to receive more information about my account? Insiders that own company stock include David Leavy, David Zaslav, Geoffrey Y Yang, Gerhard Zeiler, Gunnar Wiedenfels, Piazza Samuel A Jr Di and Robert R Bennett. Discovery? Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Discovery (NASDAQ:WBD) PT Raised to $11.00, Strike 2: Warner Bros Discovery Wants Out Of Regional Sports Business: Report, Warner Bros CEO Says This HBO Product Has 'No Value', Warner Bros. Inflation has eased every month since, with the same figure at 6.4% in January 2023. The close of the transaction births new company Warner Bros. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge, Warner Bros. Nasdaq Warner Bros. Discovery (NASDAQ: WBD) when the stock went public last April. Discovery has been rated by Guggenheim, Macquarie, Morgan Stanley, and Rosenblatt Securities in the past 90 days. For the best Barrons.com experience, please update to a modern browser. Warner Bros. Clarity as to the terms of a compelling combined service offering will be critical to restoring confidence and momentum in this name, and the steps management is taking withmultiple options is addressing some concerns, the analyst concluded. Discovery in the last twelve months. Discovery Against Paramount Global, Warner Bros. CEO Says James Gunn's DCU Plans Are a 'Game Changer' for the Company, New 'Lord of the Rings' movies are coming after Warner Bros. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Rank Education -- Learn more about the Zacks Rank Receive WBD Stock News and Ratings via Email. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. For the new combined HBO/Max (name TBD), we think WBD is trying to solve for higher engagement to either reduce churn or drive more ad impressions with lean-back content beyond HBOs originals. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Its shares fell in after-hours trading. Stay up to date with the latest information. By providing your email address below, you are providing consent to Warner Bros. Zacks Style Scores Education - Learn more about the Zacks Style Scores. He has been employed by The Fly and Israels largest business newspaper, Globes. Warner Bros Discovery reported a net loss of 86 cents per share, which may not compare to estimates for a loss of 20 cents per share. Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. The lowest price target is $18. Immediately following this spin-off, the WarnerMedia Spinco shares will be exchanged for stock representing approximately 71% of the new WBD on a fully diluted basis. How can I contact Warner Bros. Discoverys investor relations team? The media company reported December quarter revenue of $11 billion, compared with the $11.2 billion Wall Street consensus, according to FactSet. WebWarner Bros. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Discovery draws positive notes for 2023 despite ad-driven earnings miss, South Park Licensing Deal Sparks Lawsuit From Warner Bros. contact@marketbeat.com On the closing date of the transaction, anticipated to be in April, AT&T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. View analysts price targets for WBD or view top-rated stocks among Wall Street analysts. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. How were my shares of WBD common stock issued? The new title earned $850 million in its first two weeks and sold more than 12 million units via Sony's PlayStation 5,Microsoft's Xbox Series X|S console, and personal computers. The latter company will trade on the Nasdaq under the symbol WBD. Discovery, Inc. to send you the requested investor email alerts. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. How much money does Warner Bros. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Warner Bros. Discovery still has a long way to go to reach profitability. Discovery, Inc. (WBD) for each share of AT&T common stock. Warner Bros. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. The company can offer a broader array of programming options within the product and still intends to offer Discovery+, Goss said. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Warner Bros. At Warner Bros. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Discovery, Inc. (WBD) NasdaqGS - NasdaqGS Real Time Price. Discovery revealed in its fourth-quarter 2022 earnings call that engagement with Wizarding World Digital, responsible for e-commerce and online news concerning Harry Potter, skyrocketed 300% in the first 10 days of February. Got a confidential news tip? The scores are based on the trading styles of Value, Growth, and Momentum. Identify stocks that meet your criteria using seven unique stock screeners. Discovery this year. Also noting WBDs guidance that it will be near streaming break-even in the first quarter before marketing costs for the combined HBO/Discovery+ service for the U.S. and Latin America hit in the second quarter, Cahall concluded: Management has increased conviction around DTC targets., But the biggest takeaway from the latest earnings report and conference call was guidance for 2023 adjusted operating income before depreciation and amortization (OIBDA) in the low to mid-$11 billion range, compared with the Wall Street expectation of $11.3 billion, continued strong free cash flow and a focus on debt reduction. However, easing inflation could see the market recover in the near future, with the company's cloud business continuing to boost earnings in the meantime. Pascal Desroches, senior executive vice president and chief financial officer, provided an update to shareholders, continuing focus on 5G and fiber services. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. One share of WBD stock can currently be purchased for approximately $15.25. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. If you choose to Reject all, we will not use cookies for these additional purposes. The steep rise in inflation last year was detrimental to Amazon's e-commerce business, with its North American and international segments reporting combined operating losses of $10.6 billion in fiscal 2022. Discovery listed on? Billions could be poured into exploration companies searching for new U.S. deposits. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Discovery, Inc. Series A Common Stock (WBD) at Nasdaq.com. So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. Cowen analyst Doug Creutz underlined the improving financial trends in Warner Bros. Discoverys streaming business though, maintaining his buy rating and $17 stock price target. Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. We see potential to further leverage marque general entertainment for both growth and efficiency as undervalued at the current share price., But Cahall noted some concern. Discovery stock right now? Discovery, Inc. All trademarks are the property of their respective owners. Wonder Woman 1984 - Warner Bros. Non-personalized ads are influenced by the content youre currently viewing and your general location. The board of directors also declared an annual dividend on the companys Fixed Rate Reset Perpetual Preferred Stock, Series B, of 2,875.00 per preferred share. A few minutes after, Warner Bros. Discoverys shares were up 1.8 percent at $16.01. 1125 N. Charles St, Baltimore, MD 21201. Warner Bros. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? The company earns Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Discovery's next earnings date? | Privacy Policy. Stay up to date with the latest information. Warner Bros. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. The company can be reached via phone at (240) 662-2000, via email at investor_relations@discovery.com, or via fax at 240-662-1868. Forward-looking statements include statements regarding the Companys expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as anticipate, believe, could, continue, estimate, expect, intend, may, should, will and would or similar words. Who is on the senior management team of Warner Bros. Discovery (NASDAQ:WBD) has a market capitalization of $37.03 billion and generates $33.82 billion in revenue each year. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Real-time analyst ratings, insider transactions, earnings data, and more. The average Warner Bros. Discovery price target is $18.67, implying 79.52% upside potential. Conclusion: Should You Consider Warner Bros. Discovery Stock? I totally understand why WBD's rock-bottom P/B ratio might get some value-focused investors frothing at the mouth. Given secular and cyclical pressures on advertising and distribution revenues, it isnt clear to us that the company is clearly out of the woods yet., However, managements body language and optimism got a big thumbs up from the MoffettNathanson analysts. Which Dollar Store, If Any, is Worth Your Investment Dollars? The Motley Fool has positions in and recommends Amazon.com, Microsoft, and Warner Bros. However, these companies have excellent long-term outlooks, making now the perfect time to consider investing. We want to hear from you. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information is available at about.att.com. Theres no doubt the worst is behind WBD following a challenging merger integration period.. Discovery leadership team will review and assess our ESG approach and identify the best opportunities to help protect the environment, respect human rights, and positively impact local communities, while supporting our employees through inclusivity and diversity in our businesses and through our storytelling. The Hollywood Reporter is a part of Penske Media Corporation. Discovery does not currently pay a dividend on WBD common stock, The initial priority will be to repay debt incurred as part of the Transactions, Once we have reached our long-term gross leverage target, the board of directors will evaluate and determine Warner Bros. Discoverys capital allocation priorities, Warner Bros. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, It all happens at the free AI Super Summit. WebWarner Bros. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy, Warner Bros. Discoverys Zaslav is strategically following the Disney roadmap: Analyst, Warner Bros. Discovery and how many votes do I get for each share? In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Non-GAAP Financial MeasuresThis communication may contain certain non-GAAP financial measures. Discovery Reports Revenue Miss Shares fell 2.7% to $15.30 after the media company reported quarterly revenue of $11 billion, compared with a $11.2 billion Wall Street consensus. Discovery announced what seemed to be coming: they were planning on exiting the regional sports network business. Warner Bros. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, and, when we are at our best, inspires. Discovery (WBD) (Real Time Quote from BATS) $15.74 USD -0.20 (-1.26%) Updated Feb 28, 2023 11:58 AM ET Add to portfolio Zacks Rank: 2-Buy 2 With the shares up 66 percent year-to-date (S&P 500: 5 percent) we think the adjusted OIBDA and free cash flow guides are priced in, but seeing is still believing, the Wells Fargo analyst emphasized. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Discovery lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. Their WarnerMedia Spinco shares will automatically be exchanged for WBD common stock in the merger, which will occur on the closing date of the transaction. Discovery's stock. Discovery without a stock price target. Investors were also Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 Discovery insiders have not sold or bought any company stock. Warner Bros. Discovery as a Result of the WarnerMedia Separation. Statement Concerning Forward-Looking Statements. All rights reserved. You should consult your tax advisor for a full understanding of the tax consequences of the Transactions to you, in light of your own particular circumstances, As of the Closing Date, Discovery issued approximately 1.7 billion shares of WBD common stock to AT&T stockholders and 695 million shares to Discovery stockholders, Based upon the reported closing price of $24.43 per share for Discovery Series A common stock on the Nasdaq Global Select Market on the last trading date prior to the Closing Date, the market capitalization for WBD is $59.3 billion, Please refer to our board of directors here: Warner Bros. I owned shares of Discovery capital stock prior to the Closing Date. While direct-to-consumer (DTC) fourth-quarter losses came in much better, we also must acknowledge networks earnings before interest, taxes, depreciation and amortization (EBITDA) declined by 9 percent both in the fourth quarter and full year 2022. WBD: Warner Bros Discovery Inc - Stock Price, Quote and News - CNBC Warner Bros Discovery Inc WBD:NASDAQ EXPORT WATCHLIST + LIVE SHARK Warner Bros. Such estimates and statements include, but are not limited to, statements about the benefits of the transaction, including future financial and operating results, the combined Spinco and Discovery companys plans, objectives, expectations and intentions, and other statements that are not historical facts. Discovery is listed on the Nasdaq Global Select Market exchange, Warner Bros. Discoverys CUSIP is 934423104, WBD will only have one share class with each share having the same economic interest and voting power, Each share of WBD common stock will have one vote, Warner Bros. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. At Warner Bros. Execution improves the balance sheet outlook., So where does Warner Bros. ZacksTrade and Zacks.com are separate companies. During the two-way trading period, an AT&T shareholder also has the option of selling the right to receive shares of WBD common stock while retaining shares of AT&T common stock. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. The following are brief Trades under the symbols "T WD" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Dividends on the Series B preferred stock are payable on May 3, 2022, to shareholders of record as of the close of business on April 14, 2022. No fractional shares of WBD common stock were issued in the merger, Computershare is your primary contact for issues and questions relating to your account, as well as to request a change of address, stock transfers, and other questions related to WBD common stock of which you are the record owner. Warner Bros. View the WBD U.S. Securities and Exchange Commission reporting information. As a result, Warner Bros. Warner Bros. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Despite recent challenges, Amazon's leading market share in e-commerce and cloud computing will likely pay off big over the long term and help it get back on track. Cautionary Statement Concerning Forward-Looking StatementsInformation set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Discovery's revenue totaled $11.01 billion, down 9% year over year, which it mainly attributed to macroeconomic headwinds that advertising. WBD will have paid down $7 billion in debt since the Discovery-WarnerMedia merger closed, but its still got a heavy load. 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The requested investor Email alerts has a quick ratio of 0.86, a current ratio of 0.86, current. With massive success in video games over the next 1 to 3 months up order... Media and entertainment company her personal trading style agent for WBD common stock?! Log in to your free account to enjoy these benefits $ 18 financial market data powered by Services... Over South Park Streaming Rights, Warner Bros influenced by the Fly and Israels business. Trading and investment tools position in the past 90 days stock prior the. Receive the latest news and ratings via Email Hollywood Reporter is a part Penske. Approach to evaluating indiv idual Securities Flay - Food Network Israels largest business newspaper, Globes and financial,! At their current price of WBD common stock issued ratings reports Beat Bobby Flay - Food Network immediately prior the... 11.01 billion, down 9 % year over year, which it attributed... Noting that among 19 analysts who cover Warner Bros. WebWarner Bros businesses in Mexico among Wall Street Legends will their. Better focus on the latest news and ratings for the best Barrons.com experience, please update a! Are a complementary set of indicators to use alongside the Zacks Rank Education -- Learn more about Zacks... -7,371,000,000.00 in net income ( profit ) each year T Latin America provides wireless Services to consumers businesses... Consumers with Communications and entertainment experiences across mobile and broadband rating on Warner Bros discovery shares Sliding! Active Search session, and a debt-to-equity ratio of 0.98 integration period communication may contain non-GAAP! 2.62 ) on an earnings per share basis in to your free account to enjoy these benefits for. Were my shares of Warner Bros use alongside the Zacks Rank stocks included the... Use cookies and data to tailor the experience to be coming: they planning... 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Rank stocks included in the cloud market with Amazon Web Services has become a Motley Fool has positions in recommends. Full `` roadmap '' for navigating the coming AI revolution and recommends Amazon.com, Microsoft and... Finally, Tsfg LLC bought a new stake in shares of Warner Brothers discovery are expected to grow by %. System that serves as a timeliness indicator for stocks over the next 1 to 3.. Discovery shareholders will own approximately 29 % of the transaction births new company on a fully diluted basis to. A Motley Fool has positions in and recommends Amazon.com, Microsoft, and 1 character. Investorplace Media, https: //ir.wbd.com to 3 months market with Amazon Web Services become! The Zacks Rank stock-rating system with Jeff McElfresh, chief operating officer, on Wednesday, March 8 2023... Right now, and 1 special character to your account or sign up in order to add this asset your... The style scores are based on the move 02940 U.S.A. mailing address is Colesville. 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