Warner Music Q3 revenue beats estimates

Warner Music

07/08/2025 13:04

Overview

Warner Music fiscal Q3 revenue rises 9%, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q3 missed consensus, resulting in a net loss of $16 mln

The multinational entertainment and record label conglomerate had announced restructuring plan and catalog acquisition JV

Result Drivers

STREAMING REVENUE - Recorded Music streaming revenue increased due to market share gains and chart success across geographies and genres

RESTRUCTURING IMPACT - Restructuring and impairment charges contributed to a net loss, affecting operating income

REVENUE MIX - Adjusted OIBDA growth driven by revenue mix, acquisitions, and cost savings from strategic restructuring

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.69 bln
$1.59 bln (12 Analysts)
Q3 EPS
Miss
-$0.03
$0.27 (13 Analysts)
Q3 Net Income
-$16 mln
Q3 Free Cash Flow
$7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the entertainment production peer group is "buy"

Wall Street's median 12-month price target for Warner Music Group Corp is $33.00, about 9% above its August 6 closing price of $30.04

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw15Lxxda

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)