NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Thursday reported a loss of $494 million in its fourth quarter.
The New York-based company said it had a loss of 20 cents per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $10.03 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $10.36 billion.
For the year, the company reported a loss of $11.31 billion, or $4.62 per share. Revenue was reported as $39.32 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBD at https://www.zacks.com/ap/WBD
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
