NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Thursday reported third-quarter earnings of $135 million.
The New York-based company said it had profit of 5 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $9.62 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $9.9 billion.
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