World Wrestling Entertainment (WWE) Tops Q1 EPS by 15c

World Wrestling Entertainment (NYSE: WWE) reported Q1 EPS of $0.77, $0.15 better than the analyst estimate of $0.62. Revenue for the quarter came in at $333.4 million versus the consensus estimate of $322.44 million.

GUIDANCE:

The Company reaffirms its expectations for 2022, which assume ticketed audiences at the Company’s live events for the full year, and target record revenue and an Adjusted OIBDA range of $360 - $375 million, which would be an all-time record. This range of anticipated performance reflects the continued ramp-up of live events, including large-scale international events, and increased monetization of content, partially offset by increased production, content-related, and other expenses.

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

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