Barrington Research Has Pessimistic View of WBD Q2 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD) – Analysts at Barrington Research dropped their Q2 2025 earnings per share (EPS) estimates for Warner Bros. Discovery in a report issued on Tuesday, May 13th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings of ($0.25) per share for the quarter, down from their previous forecast of ($0.23). Barrington Research has a “Outperform” rating and a $16.00 price target on the stock. The consensus estimate for Warner Bros. Discovery’s current full-year earnings is ($4.33) per share. Barrington Research also issued estimates for Warner Bros. Discovery’s Q3 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.39) EPS, Q1 2026 earnings at ($0.04) EPS, Q2 2026 earnings at ($0.22) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at ($0.18) EPS and FY2027 earnings at ($0.04) EPS.

Warner Bros. Discovery (NASDAQ:WBD) last issued its earnings results on Thursday, May 8th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.06). The company had revenue of $8.98 billion during the quarter, compared to analyst estimates of $9.66 billion. Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%. The business’s revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.40) earnings per share.

Several other brokerages have also commented on WBD. Needham & Company LLC restated a “hold” rating on shares of Warner Bros. Discovery in a research note on Friday, February 28th. Wells Fargo & Company raised their target price on Warner Bros. Discovery from $9.00 to $10.00 and gave the company an “equal weight” rating in a research report on Friday, May 9th. Raymond James reduced their price target on Warner Bros. Discovery from $14.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, April 4th. Citigroup increased their price target on Warner Bros. Discovery from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Finally, Rosenblatt Securities restated a “neutral” rating and set a $13.00 price objective on shares of Warner Bros. Discovery in a research note on Friday, March 7th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.22.

Warner Bros. Discovery Trading Down 0.8%

NASDAQ:WBD opened at $9.14 on Thursday. Warner Bros. Discovery has a 12-month low of $6.64 and a 12-month high of $12.70. The firm has a market capitalization of $22.44 billion, a P/E ratio of -2.00, a P/E/G ratio of 8.64 and a beta of 1.46. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50 day simple moving average of $9.20 and a 200 day simple moving average of $9.87.

Institutional Investors Weigh In On Warner Bros. Discovery

Several hedge funds have recently made changes to their positions in WBD. Norges Bank acquired a new position in shares of Warner Bros. Discovery in the 4th quarter valued at about $362,210,000. Contrarius Group Holdings Ltd purchased a new position in Warner Bros. Discovery during the fourth quarter valued at approximately $168,930,000. Independent Franchise Partners LLP purchased a new position in Warner Bros. Discovery during the first quarter valued at approximately $140,224,000. FMR LLC increased its stake in Warner Bros. Discovery by 478.5% in the 4th quarter. FMR LLC now owns 14,278,600 shares of the company’s stock valued at $150,925,000 after buying an additional 11,810,191 shares during the period. Finally, Nuveen LLC purchased a new stake in Warner Bros. Discovery in the 1st quarter worth approximately $96,971,000. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Insiders Place Their Bets

In other news, Director Piazza Samuel A. Jr. Di bought 17,346 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was bought at an average cost of $11.41 per share, for a total transaction of $197,917.86. Following the completion of the acquisition, the director now directly owns 159,932 shares in the company, valued at $1,824,824.12. This represents a 12.17% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 1.90% of the stock is currently owned by company insiders.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.