WBD Reports Strong Earnings but Analysts Advise Caution

Reported 3 days ago

Warner Bros. Discovery (WBD) surpassed Wall Street earnings expectations for the second quarter, driven by a 55% revenue increase and strong streaming results. Despite this success, Needham & Company analyst Laura Martin maintains a Hold rating on the stock, emphasizing that the company's growth remains limited and cautioning against buying shares ahead of a scheduled split in 2026.

Source: YAHOO

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