Warner Music's Fiscal Q4 Earnings Fall, Revenue Rises

MT Newswires Live
21 Nov 2024

Warner Music Group (WMG) reported fiscal Q4 earnings Thursday of $0.08 per diluted share, down from $0.17 a year earlier.

Analysts polled by FactSet expected $0.28.

Revenue for the quarter ended Sept. 30 was $1.63 billion, compared with $1.59 billion a year earlier.

Analysts surveyed by FactSet expected $1.59 billion.

Shares of the company were more than 6% down in recent premarket activity.

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