WWE® Reports Strong Second-Quarter 2015 Earnings Growth

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Benchmark Raises Price Target on World Wrestling Entertainment (WWE) to $24.45 Following 2Q15 Results

July 31, 2015 9:16 AM EDT

Benchmark reiterated a Buy rating on World Wrestling Entertainment (NYSE: WWE), and raised the price target to $24.45 (from $15.07), following 2Q15 results. The Company reported revenues of $150.2M, compared to Street's $148M estimate, OIBDA of $13.2M beat Street's $6M estimate. The Company projects 3Q... More

World Wrestling Entertainment (WWE) Tops Q2 EPS by 9c

July 30, 2015 8:32 AM EDT

World Wrestling Entertainment (NYSE: WWE) reported Q2 EPS of $0.07, $0.09 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $150.2 million versus the consensus estimate of $148.7 million.

OIBDA of $13.2 million increased $27.8 million from the prior year quarter.

The performance of... More