Seaport Res Ptn Issues Pessimistic Forecast for WBD Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD) – Equities research analysts at Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for shares of Warner Bros. Discovery in a research note issued to investors on Tuesday, July 1st. Seaport Res Ptn analyst D. Joyce now expects that the company will earn ($0.21) per share for the quarter, down from their previous forecast of $0.04. The consensus estimate for Warner Bros. Discovery’s current full-year earnings is ($4.33) per share. Seaport Res Ptn also issued estimates for Warner Bros. Discovery’s Q3 2025 earnings at $0.87 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at ($0.12) EPS.

WBD has been the subject of a number of other research reports. Morgan Stanley lowered their price target on shares of Warner Bros. Discovery from $12.00 to $10.00 and set an “equal weight” rating for the company in a report on Tuesday, May 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research note on Tuesday, June 10th. Barrington Research reiterated an “outperform” rating and issued a $16.00 target price on shares of Warner Bros. Discovery in a report on Monday, June 9th. Rosenblatt Securities restated a “neutral” rating and set a $13.00 price target on shares of Warner Bros. Discovery in a report on Friday, March 7th. Finally, Bank of America lifted their price objective 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. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.33.

Warner Bros. Discovery Stock Performance

Shares of NASDAQ:WBD opened at $11.21 on Thursday. The firm has a fifty day simple moving average of $9.74 and a two-hundred day simple moving average of $9.94. Warner Bros. Discovery has a 52 week low of $6.64 and a 52 week high of $12.70. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $27.51 billion, a P/E ratio of -2.55 and a beta of 1.54.

Warner Bros. Discovery (NASDAQ:WBD) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.06). Warner Bros. Discovery had a negative return on equity of 30.56% and a negative net margin of 28.16%. The business had revenue of $8.98 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the prior year, the firm posted ($0.40) EPS. The company’s revenue for the quarter was down 9.8% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in WBD. Brighton Jones LLC grew its stake in Warner Bros. Discovery by 304.9% in the fourth quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock worth $729,000 after purchasing an additional 51,920 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Warner Bros. Discovery in the 4th quarter worth $794,000. QRG Capital Management Inc. purchased a new stake in shares of Warner Bros. Discovery in the 4th quarter worth $121,000. SVB Wealth LLC bought a new position in shares of Warner Bros. Discovery during the 4th quarter worth $168,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Warner Bros. Discovery by 19.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 11,251 shares of the company’s stock valued at $118,000 after buying an additional 1,865 shares during the period. 59.95% of the stock is currently owned by institutional investors.

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.