New York-based Warner Bros. Discovery, Inc. (WBD) is a global media and entertainment company. Valued at a market cap of $25.1 billion, the company delivers a diverse portfolio of branded content across television, film, streaming, and gaming, engaging global audiences through iconic platforms such as Discovery Channel, Max, CNN, DC, HBO, TNT Sports, Cartoon Network and more. The leading cable TV channels operator is expected to announce its fiscal Q4 2024 before the market opens on Thursday, Feb. 27.
Ahead of the event, analysts expect WBD to report a profit of $0.11 per share, up 168.8% from a loss of $0.16 per share in the year-ago quarter. The company beat the consensus estimates in one of the last four quarters while missing on three other occasions. In Q3, WBD exceeded the consensus EPS estimate by 171.4%.
