Warner Bros. Discovery, Inc. (NASDAQ:WBD) to Post Q1 2023 Earnings of $0.90 Per Share, Barrington Research Forecasts

Warner Bros. Discovery, Inc. (NASDAQ:WBD – Get Rating) – Equities researchers at Barrington Research issued their Q1 2023 earnings estimates for Warner Bros. Discovery in a research report issued to clients and investors on Monday, April 25th. Barrington Research analyst J. Goss forecasts that the company will post earnings of $0.90 per share for the quarter. Barrington Research also issued estimates for Warner Bros. Discovery’s Q2 2023 earnings at $0.72 EPS, Q3 2023 earnings at $0.65 EPS and Q4 2023 earnings at $0.78 EPS.

Several other analysts have also recently weighed in on the company. Rosenblatt Securities initiated coverage on Warner Bros. Discovery in a research report on Tuesday, April 19th. They set a “sell” rating on the stock. Atlantic Securities raised Warner Bros. Discovery from a “neutral” rating to an “overweight” rating and set a $40.00 price objective on the stock in a research report on Monday, April 11th. Bank of America initiated coverage on Warner Bros. Discovery in a report on Wednesday, April 13th. They issued a “buy” rating and a $45.00 price objective for the company. Finally, Evercore ISI raised Warner Bros. Discovery from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research report on Monday, April 11th.

Shares of NASDAQ:WBD opened at $21.50 on Tuesday. Warner Bros. Discovery has a 1 year low of $19.95 and a 1 year high of $27.50. The stock has a market cap of $10.88 billion, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 1.11 and a beta of 1.12. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 1.11.

About Warner Bros. Discovery (Get Rating)

Warner Bros. Discovery, Inc, a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It also produces, develops, and distributes feature films, television, gaming, and other content in various physical and digital formats through basic networks, direct-to-consumer or theatrical, TV content, and games licensing.

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