Warner Bros. Discovery (WBD) Misses Q1 EPS by $1.08

Warner Bros. Discovery (NASDAQ: WBD) reported Q1 EPS of ($1.17), $1.08 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $8.89 billion versus the consensus estimate of $8.89 billion.

• Q1 Free Cash Flow: $-476 mln vs. estimate $637.8 mln
• Q1 Revenue: $8.89 bln vs. estimate $8.90 bln
• Q1 Net Loss Available to Company: Includes the $2.8B termination fee paid to Netflix
• Q1 Streaming Revenue: $2.89 bln vs. estimate $2.86 bln
• Q1 Studios Revenue: $3.13 bln vs. estimate $2.55 bln
• Q1 FCF: Was unfavorably impacted by about $100 mln of separation & transaction-related items

For earnings history and earnings-related data on Warner Bros. Discovery (WBD) click here.

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