Warner Bros. Discovery (WBD) Projected to Post Earnings on Thursday

Warner Bros. Discovery (NASDAQ:WBD) is anticipated to post its Q3 2025 results before the market opens on Thursday, November 6th. Analysts expect Warner Bros. Discovery to post earnings of ($0.04) per share and revenue of $9.1672 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, November 6, 2025 at 8:00 AM ET.

Warner Bros. Discovery (NASDAQ:WBD) last issued its earnings results on Thursday, August 7th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.79. The company had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.73 billion. Warner Bros. Discovery had a return on equity of 2.14% and a net margin of 2.00%.The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the business posted ($4.07) EPS. On average, analysts expect Warner Bros. Discovery to post $-4 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Warner Bros. Discovery Stock Performance

Shares of WBD opened at $21.34 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a 50-day moving average of $16.97 and a 200-day moving average of $12.76. The company has a market cap of $52.83 billion, a PE ratio of 71.14, a P/E/G ratio of 2.52 and a beta of 1.73. Warner Bros. Discovery has a one year low of $7.50 and a one year high of $21.74.

Analyst Ratings Changes

Several analysts have recently commented on the company. Singular Research upgraded Warner Bros. Discovery to a “moderate buy” rating in a research note on Wednesday, October 22nd. Arete raised their target price on Warner Bros. Discovery from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday. Sanford C. Bernstein raised their target price on Warner Bros. Discovery from $13.00 to $16.00 and gave the company a “market perform” rating in a research note on Monday, September 22nd. Seaport Global Securities lifted their price target on Warner Bros. Discovery from $15.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Finally, Barrington Research boosted their price objective on Warner Bros. Discovery from $16.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $19.14.

Insiders Place Their Bets

In other Warner Bros. Discovery news, Director Anton J. Levy bought 75,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $11.00 per share, for a total transaction of $825,000.00. Following the purchase, the director directly owned 949,000 shares of the company’s stock, valued at approximately $10,439,000. This represents a 8.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bruce Campbell sold 150,000 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $18.00, for a total value of $2,700,000.00. Following the completion of the transaction, the insider owned 252,464 shares in the company, valued at $4,544,352. The trade was a 37.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 970,115 shares of company stock valued at $17,818,490. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Warner Bros. Discovery

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Duquesne Family Office LLC purchased a new position in shares of Warner Bros. Discovery in the 2nd quarter worth approximately $74,916,000. California State Teachers Retirement System boosted its stake in shares of Warner Bros. Discovery by 8.8% in the 2nd quarter. California State Teachers Retirement System now owns 3,529,905 shares of the company’s stock worth $40,453,000 after buying an additional 284,709 shares during the last quarter. Man Group plc boosted its stake in shares of Warner Bros. Discovery by 1,291.0% in the 2nd quarter. Man Group plc now owns 2,897,381 shares of the company’s stock worth $33,204,000 after buying an additional 2,689,091 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Warner Bros. Discovery by 3.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,765,652 shares of the company’s stock worth $31,694,000 after buying an additional 89,414 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its stake in shares of Warner Bros. Discovery by 25.7% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 2,452,308 shares of the company’s stock worth $28,152,000 after buying an additional 500,946 shares during the last quarter. Hedge funds and other institutional investors own 59.95% of the company’s stock.

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.