Warner Bros. Discovery (WBD) is scheduled to announce Q3 earnings results on Thursday, November 6th, before market open.
The consensus EPS estimate is -$0.04 (vs. $0.05 a year ago), and the consensus revenue estimate is $9.18B (-4.6% Y/Y).
Over the last 1 year, WBD has beaten EPS estimates 0% of the time and has beaten revenue estimates 25% of the time.
Over the last 3 months, EPS estimates have seen 1 upward revision and 1 downward. Revenue estimates have seen 4 upward revisions and 13 downward.
Seeking Alpha’s Quant Rating system assigns WBD a Hold, citing growth and valuation concerns, while sell-side analysts recommend a Buy.
Warner Bros. Discovery (WBD) continues to draw mixed analyst sentiment as takeover speculation drives volatility:
SA author Kenio Fontes maintains a Hold, noting WBD remains attractively valued and continues to draw M&A interest; recent offers from Paramount reportedly reached ~$24/share, though WBD is said to be seeking closer to $30, with Netflix and Comcast also mentioned as potential suitors.
Meanwhile, Stone Fox Capital, an SA Investing Group Leader, recommends Sell, arguing that WBD’s recent rally is driven largely by deal hopes that may not materialize, citing structural financing challenges for Paramount and regulatory barriers that could deter larger bidders; without a deal, shares could retrace meaningfully.
In contrast, SA author Max Greve reiterates a Buy, viewing Paramount-Skydance as the most realistic bidder and suggesting upside remains until the stock approaches ~$24/share, where he would consider taking profits.
Looking at the stock performance, Warner Bros. Discovery (WBD) has rallied more than 100% YTD, sharply outperforming the broader market, with gains far outpacing the S&P 500’s 15% rise.
