Warner Bros. Discovery (WBD) Expected to Announce Quarterly Earnings on Wednesday

Warner Bros. Discovery (NASDAQ:WBD) is anticipated to release its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $8.8887 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:30 PM ET.

Warner Bros. Discovery (NASDAQ:WBD) last announced its earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.19). Warner Bros. Discovery had a net margin of 1.95% and a return on equity of 1.98%. The business had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.33 billion. During the same quarter last year, the business posted ($0.20) earnings per share. The business’s quarterly revenue was down 5.7% compared to the same quarter last year. On average, analysts expect Warner Bros. Discovery to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Warner Bros. Discovery Stock Down 0.0%

NASDAQ:WBD opened at $26.96 on Tuesday. The company has a market cap of $67.58 billion, a price-to-earnings ratio of 92.97 and a beta of 1.57. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.06. The stock’s fifty day moving average price is $27.59 and its two-hundred day moving average price is $26.47. Warner Bros. Discovery has a 52-week low of $8.06 and a 52-week high of $30.00.

Insider Buying and Selling at Warner Bros. Discovery

In other news, Director Fazal F. Merchant sold 35,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $27.48, for a total value of $961,800.00. Following the completion of the sale, the director owned 95,539 shares of the company’s stock, valued at approximately $2,625,411.72. This represents a 26.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Gunnar Wiedenfels sold 374,323 shares of Warner Bros. Discovery stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $28.05, for a total transaction of $10,499,760.15. Following the completion of the transaction, the chief financial officer directly owned 663,380 shares of the company’s stock, valued at approximately $18,607,809. This trade represents a 36.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,206,827 shares of company stock valued at $230,674,025 in the last ninety days. Insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new stake in shares of Warner Bros. Discovery in the fourth quarter valued at about $26,000. JPL Wealth Management LLC bought a new position in Warner Bros. Discovery during the third quarter worth about $33,000. BOKF NA raised its stake in Warner Bros. Discovery by 65.8% in the 3rd quarter. BOKF NA now owns 2,365 shares of the company’s stock worth $46,000 after purchasing an additional 939 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in Warner Bros. Discovery by 119.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,465 shares of the company’s stock worth $48,000 after purchasing an additional 1,341 shares in the last quarter. Finally, Advocate Investing Services LLC bought a new stake in Warner Bros. Discovery in the 4th quarter valued at about $49,000. Institutional investors own 59.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Weiss Ratings raised shares of Warner Bros. Discovery from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft lowered shares of Warner Bros. Discovery from a “buy” rating to a “hold” rating and increased their target price for the stock from $29.50 to $31.00 in a report on Friday, February 27th. KeyCorp reissued an “overweight” rating on shares of Warner Bros. Discovery in a report on Friday, April 24th. Rothschild & Co Redburn set a $31.00 price objective on shares of Warner Bros. Discovery and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Finally, Benchmark reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.30.

Warner Bros. Discovery Company Profile

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.