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0 0 0.00975442380275481 0.00975442380275481 0.00990147541787172 0 -0.00495073770893579 -4.90172050389241E-05
Stock impact report

Warner Bros. Discovery to report earnings amid linear TV declines, loss of key NBA rights [Yahoo! Finance]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: Yahoo! Finance
In the second quarter, WBD took a massive $9.1 billion impairment charge related to its TV networks unit following the loss of those rights. The company is currently tied up in litigation after suing the NBA in July, citing the "unjustified rejection" of its matching rights proposal "We expect WBD's 3Q earnings will reflect a continuation of the various headwinds in the business," Bank of America analyst Jessica Reif Ehrlich wrote in a note ahead of the results. Here's what Wall Street expects for the third quarter, according to Bloomberg estimates: Revenue: $9.81 billion versus $9.98 billion in Q3 2023 Adjusted loss per share: -$0.12 versus -$0.17 in Q3 2023 Subscriber net additions: 6.1 million versus loss of 700,000 in Q3 2023 The company has struggled in recent quarters, with profits hit by a weak linear advertising environment and pressure on affiliate fees, or the fees pay TV providers pay to network owners to carry their channels. Network advertising revenue is e Show less Read more
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