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Benzinga

Business

Anusuya Lahiri

REVEALED: Warner bros stock slides after analysts flag second half challenges | Rare Historical Photos

Warner Bros WBD Jessica Reif Ehrlich Laura Martin Studio

Warner Bros. Discovery

Wall Street analysts rerated Warner Bros. Discovery (NASDAQ:WBD) after the company reported its quarterly results on Thursday. The stock traded lower on Friday.

It reported fiscal second-quarter results on Thursday. The company reported a quarterly revenue of $9.81 billion, flat year-on-year (Y/Y) ex-FX growth, missing the analyst consensus estimate of $9.72 billion.

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