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Warner Bros. Discovery: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Thursday reported second-quarter net income of $149 million.

On a per-share basis, the New York-based company said it had profit of 6 cents.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The operator of cable TV channels such as TLC and Animal Planet posted revenue of $8.72 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $9.29 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBD at https://www.zacks.com/ap/WBD

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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