Barrington Research Has Negative Outlook of WBD Q3 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD) – Equities researchers at Barrington Research decreased their Q3 2025 earnings per share estimates for shares of Warner Bros. Discovery in a research note issued to investors on Wednesday, August 13th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings per share of ($0.10) for the quarter, down from their previous estimate of ($0.05). Barrington Research currently 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 Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at $0.24 EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.24) EPS.

Warner Bros. Discovery (NASDAQ:WBD) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.79. Warner Bros. Discovery had a return on equity of 2.14% and a net margin of 2.00%. The company had revenue of $9.81 billion for the quarter, compared to analyst estimates of $9.73 billion. During the same period last year, the company posted ($4.07) earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year.

WBD has been the topic of several other research reports. Wells Fargo & Company lifted their price target on shares of Warner Bros. Discovery from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Bank of America lifted their price target on shares of Warner Bros. Discovery from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, July 1st. Needham & Company LLC reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research note on Tuesday, June 10th. Benchmark reaffirmed a “buy” rating and set a $18.00 price target on shares of Warner Bros. Discovery in a research note on Monday, July 14th. Finally, Argus raised shares of Warner Bros. Discovery to a “hold” rating in a research note on Tuesday, May 27th. Eleven equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.14.

Warner Bros. Discovery Trading Up 0.6%

NASDAQ:WBD opened at $11.85 on Friday. The business’s 50-day moving average is $11.69 and its two-hundred day moving average is $10.37. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.04 and a quick ratio of 1.04. Warner Bros. Discovery has a 12 month low of $6.78 and a 12 month high of $13.86. The firm has a market capitalization of $29.09 billion, a PE ratio of 39.50, a price-to-earnings-growth ratio of 1.57 and a beta of 1.57.

Insiders Place Their Bets

In other Warner Bros. Discovery news, Director Anton J. Levy bought 75,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $11.00 per share, for a total transaction of $825,000.00. Following the completion of the purchase, the director directly owned 949,000 shares in the company, valued at approximately $10,439,000. This trade represents a 8.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Warner Bros. Discovery

A number of hedge funds have recently added to or reduced their stakes in WBD. Norges Bank bought a new stake in Warner Bros. Discovery in the second quarter valued at $306,848,000. Independent Franchise Partners LLP bought a new position in shares of Warner Bros. Discovery in the first quarter worth $140,224,000. Nuveen LLC bought a new position in shares of Warner Bros. Discovery in the first quarter worth $96,971,000. Sound Shore Management Inc CT bought a new position in shares of Warner Bros. Discovery in the second quarter worth $97,951,000. Finally, Maverick Capital Ltd. bought a new position in shares of Warner Bros. Discovery in the second quarter worth $77,896,000. 59.95% of the stock is currently owned by institutional investors.

Warner Bros. Discovery Company Profile

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.