Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates

By / / Arts & Entertainment / 1 minute of reading


Kevin Mazur | Getty Images Entertainment | Getty Images

Warner Bros. Discovery‘s stock dropped on Wednesday after it reported a $9.1 billion write down on its TV networks and missed analyst estimates on revenue.

Here is how Warner Bros. Discovery performed:

  • Loss per share: $4.07. That may not compare with the 22 cent loss expected by analysts surveyed by LSEG
  • Revenue:  $9.07 billion vs. $10.071 billion expected

The company’s shares were down roughly 7% in aftermarket trading.

This is breaking news. Please check back for updates.



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Avatar of Mona Buchanan
Mona Buchanan is a writer for Fashion Digital-News, where she covers politics, health, business, and finance. When she's not writing about these topics, she can be found watching movies with her husband and two children, reading Jane Austen novels, or cheering on her favorite football team (Go Giants!). She also enjoys running marathons in her spare time.

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