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Warner Bros. Discovery (WBD) is set to report its third-quarter 2025 results on November 6. The Zacks Consensus Estimate anticipates revenues of $9.18 billion, a year-over-year decline of 4.64%, and a projected loss of 4 cents per share, down from a profit of 5 cents in the same quarter last year.
The company’s Studios revenue is estimated to reach $3.18 billion, marking an 18.8% increase from the previous year, while Streaming revenues are expected at $2.74 billion (up 4.1%). In contrast, Global Linear Networks revenues are projected to decline by 21.1% to $3.95 billion.
WBD’s recent performance highlights include a strong box office, with key films contributing to a projected surpass of $4 billion in global box office receipts for 2025. However, persistent declines in pay-TV subscribers and advertising revenue continue to pose challenges.
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