Here's What Key Metrics Tell Us About Warner Bros. Discovery (WBD) Q1 Earnings

For the quarter ended March 2026, Warner Bros. Discovery (WBD) reported revenue of $8.89 billion, down 1% over the same period last year. EPS came in at -$1.17, compared to -$0.18 in the year-ago quarter.The reported revenue represents a surprise of -0.42% over the Zacks Consensus Estimate of $8.93 billion. With the consensus EPS estimate being -$0.10, the EPS surprise was -1050.44%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Warner Bros. Discovery performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Revenues- Global Linear Networks: $4.38 billion versus $4.24 billion estimated by four analysts on average.Revenues- Studios: $3.13 billion versus the four-analyst average estimate of $2.69 billion.Revenues- Streaming: $2.89 billion versus $2.84 billion estimated by four analysts on average.Revenues- Inter-segment eliminations: $-1.5 billion versus the three-analyst average estimate of $-826.89 million.Revenues- Content: $1.89 billion compared to the $2.17 billion average estimate based on three analysts.Revenues- Distribution: $4.91 billion versus the three-analyst average estimate of $4.9 billion.Revenues- Other: $253 million compared to the $268.15 million average estimate based on three analysts.Revenues- Advertising: $1.85 billion versus $1.81 billion estimated by three analysts on average.Revenues- Distribution- Global Linear Networks: $2.37 billion versus $2.38 billion estimated by two analysts on average.Revenues- Content- Global Linear Networks: $346 million versus the two-analyst average estimate of $271.93 million.Revenues- Other- Global Linear Networks: $88 million versus the two-analyst average estimate of $79.17 million.Revenues- Advertising- Streaming: $284 million versus the two-analyst average estimate of $263.52 million.View all Key Company Metrics for Warner Bros. Discovery here>>>Shares of Warner Bros. Discovery have returned -0.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks