Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2021
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Warner Music Group (WMG) PT Lowered to $48 but Jefferies Buy Thesis Remains Intact
February 9, 2022 7:45 AM ESTJefferies analyst Andrew Uerkwitz lowered the price target on Warner Music Group (NASDAQ: WMG) to $48.00 (from $50.00) after the company reported strong consolidated revenue of $1.6B, driven by both Recorded Music ($1.4B) and Music Publishing ($229MM).
The analyst reiterated a Buy... More
Warner Music Group Corp. (WMG) Tops Q1 EPS by 7c
February 8, 2022 7:35 AM ESTWarner Music Group Corp. (NASDAQ: WMG) reported Q1 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.49 billion.
For earnings history and earnings-related data on Warner Music Group Corp. (WMG) click here.
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