WBDWarner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. (WBD) sells content across television, streaming, and global distribution, with a focus on entertainment, sports, and news. The next catalyst is Nov 9, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to manage its high debt load and maintain cash flow amid rising interest rates and competitive pressures from streaming services.
- WBD’s revenue fell 5.1% year-over-year to $36.47B, while free cash flow remained robust at $2.33B.
- The company’s net margin remains deeply negative at -3.7%, but its debt-to-equity ratio of 0.91x suggests a manageable capital structure.
The schedule
- Mon9Nov
The Q3 2026 earnings release will provide insight into the company's financial performance, with a particular emphasis on streaming performance and content licensing revenue. This event is critical for assessing the company's ability to meet or exceed expectations in a competitive market. Investors will be closely watching for guidance on future growth strategies and revenue streams. The outcome of this report could significantly influence the stock's direction in the short term.
- Tue9Feb
- Mon10May
- Mon9Aug
Past
- Thu10Sep
Actual outcome: Bull · $30.80 at outcome
Stock rose 9.6% from event to outcome date, aligning with the bull trajectory.
Stock rose 9.6% from event to outcome date, aligning with the bull trajectory.
- Thu6Aug
Actual outcome: Bull · $27.99 at outcome
Price reached or exceeded bull target ($28.10) at outcome date.
Price reached or exceeded bull target ($28.10) at outcome date.
- Thu26Feb
Actual outcome: Mixed · $28.20 at outcome
Warner Bros. Discovery reported Q4 EPS of -$0.10, exactly matching consensus estimates. The stock experienced a muted 2.1% decline as the in-line earnings and 2026 free cash flow guidance offered no major surprises to shift investor sentiment. Consequently, shares traded sideways, failing to break toward either the bull or bear targets.
Warner Bros. Discovery reported Q4 EPS of -$0.10, exactly matching consensus estimates. The stock experienced a muted 2.1% decline as the in-line earnings and 2026 free cash flow guidance offered no major surprises to shift investor sentiment. Consequently, shares traded sideways, failing to break toward either the bull or bear targets.
