Categories Earnings, Leisure & Entertainment
World Wrestling Entertainment (WWE): Q4 2019 Earnings Snapshot
— World Wresting Entertainment (NYSE: WWE) reported fourth quarter 2019 earnings of $0.78 per share vs. $0.73 expected.
— Revenue rose 18% year-over-year to $322.8 million vs. $333.28 million expected.
— For FY20, WWE expects adjusted OIBDA in the range of $250 million to $300 million.
— WWE cautioned that the outcome of strategic initiatives it is taking to increase the monetization of content in 2020 and/ or subsequent years is subject to considerable uncertainty.
— Media segment revenue grew 29% in Q4 2019 to $264.6 million.
— Revenue from Live Events declined to $27.4 million from $34.4 million in the prior-year quarter.
— Revenue from Consumer Products decreased to $30.8 million from $32.8 million in Q4 2018, hurt by the lower video game royalties.
— WWE shares plunged to a new 52-week low ($40.24) in today’s morning session.
Get access to timely and accurate verbatim transcripts that are published within hours of the event
Most Popular
Earnings calendar for the week of January 18
While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the
DAL Earnings: All you need to know about Delta Air Lines Q4 2020 earnings results
Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,
Aphria Inc. (APHA) reports Q2 2021 Earnings
Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year. On an adjusted basis, the company reported earnings
