World Wrestling Entertainment (WWE) Tops Q3 EPS by 17c, Revenues Miss

World Wrestling Entertainment (NYSE: WWE) reported Q3 EPS of $0.37, $0.17 better than the analyst estimate of $0.20. Revenue for the quarter came in at $188.4 million versus the consensus estimate of $201.63 million.

“During the quarter, we remained keenly focused on deepening engagement with our global fan base by delivering compelling original content across media platforms,” said Vince McMahon, WWE Chairman and Chief Executive Officer. “We believe that deepening engagement will enable us to take advantage of favorable global industry trends and drive long-term growth.”

George Barrios, Co-President, added “We continue to effectively execute our strategy and achieved Adjusted OIBDA that surpassed our public guidance. Our performance maintains our path to achieve record revenue, record Adjusted OIBDA and record subscribers for the full year 2018.”

For earnings history and earnings-related data on World Wrestling Entertainment (WWE) click here.

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