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Benzinga
Benzinga
Business
Henry Khederian

Why WWE Shares Are Rising

WWE NYSE

World Wrestling Entertainment, Inc. (NYSE:WWE) shares are trading higher by 10% at $52.62 after the company reported fourth-quarter earnings results.

World Wrestling Enter beat estimated earnings by 46.15%, reporting an EPS of $0.76 versus an estimate of $0.52, which surprised analysts. Revenue was up $72.10 million from the same period last year.

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