Warner Bros. Discovery Inc (NASDAQ:WBD) Reports Q2 2025 Earnings Beat with Strong EPS Surprise

Warner Bros. Discovery Inc (NASDAQ:WBD) reported its second-quarter 2025 earnings, delivering a notable earnings per share (EPS) beat while revenue came in slightly below analyst expectations. The market reaction has been positive in pre-market trading, with shares up approximately 3.28% as investors digest the results.

Key Earnings Highlights

• Revenue: $9.81 billion vs. analyst estimates of $9.84 billion (a slight miss of ~0.3%).
• EPS: $0.63 vs. an estimated loss of $0.22 per share—a significant positive surprise.
• Profitability: The company swung to a profit, likely aided by strong box office performance and restructuring efforts, as indicated in recent news reports.

Market Reaction & Performance

The pre-market surge suggests investor optimism, particularly around the unexpected profitability. However, the stock has seen mixed performance in recent weeks:

• Last week: -3.54%
• Last two weeks: -3.91%
• Last month: +11.31%

This indicates that while short-term sentiment was cautious ahead of earnings, the broader trend remains positive, with the latest results reinforcing confidence.

Forward-Looking Estimates

Analysts project:

• Q3 2025 Revenue: $9.39 billion (+5.3% expected growth).
• Full-Year 2025 Revenue: $38.32 billion (-0.26% expected decline).
• Full-Year 2025 EPS: Estimates suggest ongoing challenges, but the Q2 beat may prompt upward revisions.

The press release did not provide explicit forward guidance, leaving analysts’ estimates as the primary benchmark for future expectations.

Press Release Summary

Warner Bros. Discovery’s Q2 results highlighted:

• A return to profitability, likely driven by successful film releases and cost-cutting measures.
• Continued restructuring efforts, which appear to be paying off.
• No explicit outlook provided, leaving investors to rely on broader industry trends and analyst projections.

For more detailed earnings data and future estimates, see WBD Earnings & Estimates.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.