WWE® Reports Strong Third Quarter 2020 Results
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World Wrestling Entertainment (WWE) Tops Q3 EPS by 19c, Revenues Miss
October 29, 2020 4:13 PM EDTWorld Wrestling Entertainment (NYSE: WWE) reported Q3 EPS of $0.57, $0.19 better than the analyst estimate of $0.38. Revenue for the quarter came in at $221.6 million versus the consensus estimate of $222.26 million.
Third Quarter 2020 Highlights*
* (All comparisons are versus the prior year period unless stated otherwise)
Revenue was $221.6 million, an increase of 19% or $35.3 millionOperating income was $63.4 million, an increase of nearly 9x or $57.0 millionAdjusted OIBDA1 was $84.3 million, an increase of more than 2x or $58.9 millionWWE ThunderDome debuted at the Amway Center in Orlando, Florida. It provides an... More