WBD Stock Recent News

Recently, Zacks.com users have been paying close attention to Warner Bros. Discovery (WBD).

Warner Bros. Discovery continues to outperform the S&P 500, driven by strong content and streaming growth despite advertising headwinds. The company's double-digit FCF yield and improving balance sheet highlight its underlying financial strength and ability to generate shareholder value. Splitting the business into high-growth streaming/studios and slower-growth networks could unlock further value, though ongoing corporate restructuring is a concern.

Wall Street analysts rerated Warner Bros. Discovery WBD after the company reported its quarterly results on Thursday.

Warner Bros. Discovery eliminated nearly $3 billion in debt amid its separation. Management's financial maneuvers have reduced the leverage to a 3.3 debt ratio despite operational challenges. The company is now running out of things to write off.

Warner Bros. Discovery's Q2 showed revenue growth and positive net income; Movie division outperformed thanks to Minecraft. "Superman" underwhelmed to open Q3; Q1 movies were a disaster. Movies fluctuate. Warner is neither as strong as it looks now, nor as weak as it looked last quarter. Domestic streaming revenue has stalled and linear networks continue to decline sharply. It's not clear streaming can replace vanishing linear profits, even when mature. The NBA "savings" are vanishing quickly.

WBD's second-quarter 2025 results reflect improvement in Distribution and Content revenues, offset by sluggishness in ad revenues.

Pre-market futures were at peak highs just ahead of new economic prints this morning, but we remain in healthy, positive territory.

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q2 2025 Earnings Call August 7, 2025 8:00 AM ET Company Participants Andrew T.

Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) reported better-than-expected results for the second quarter, driven by the international rollout of HBO Max and blockbuster releases, including A Minecraft Movie, Sinners, Final Destination: Bloodlines, and F1. Revenue for the quarter was $9.81 billion, up 1% year-over-year and ahead of Wall Street estimates of $9.76 billion.

While the top- and bottom-line numbers for Warner Bros. Discovery (WBD) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.