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Warner Bros. Discovery Beats Q4 EBITDA Estimates Amid Competing Takeover Bids
Financial Modeling Prep· 2026-02-26 22:34
Core Insights - Warner Bros. Discovery reported higher-than-expected fourth-quarter core earnings and is "well positioned" for long-term success while evaluating competing takeover proposals from Paramount Skydance and Netflix [1] - The company reiterated its existing merger agreement with Netflix but acknowledged that Paramount's revised offer could lead to a superior proposal [1][3] Financial Performance - For the fourth quarter, adjusted core earnings before interest, taxes, depreciation, and amortization totaled $2.22 billion, down 19% from the prior year but exceeding Bloomberg consensus estimates of $2.11 billion [4] - Revenue declined 5.7% to $9.46 billion, although this figure surpassed expectations [4] Takeover Proposals - Paramount raised its bid to $31 per share for Warner Bros., increasing the termination fee from $5.8 billion to $7 billion if regulatory approval is not obtained [2] - Netflix's offer stands at $27.75 per share for Warner Bros.'s studios and HBO Max streaming business, while Warner Bros. plans to spin off its traditional television operations into a separate entity [3] Studios Segment Performance - The studios segment showed a 52% year-over-year increase in core profit to $2.55 billion, excluding currency effects, with early momentum noted in the division [5] - Streaming subscribers reached nearly 132 million, exceeding the target of 130 million set in August 2022, with expectations to surpass 140 million by the end of the current quarter [5]
Nvidia Delivers Upbeat Forecast to AI-Wary Market | Bloomberg Tech 2/26/2026
Youtube· 2026-02-26 21:26
>> BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS BLOOMBERG TECH. COMING UP, INVIDIOUS LATEST SALE, DRAWS A BEARISH RESPONSE FROM INVESTORS. CAROLINE: PLUS, WE BREAK DOWN MORE TECH EARNINGS WITH THE CEOS OF SNOWFLAKE AND CHIME LATER THIS HOUR. ED: WARNER BROS. AND PARAMOUNT ARE OUT. NVIDIA IS DOWN 5%. EARLIER, IT WAS ON TRACK FOR ITS WORST DAY SINCE APRIL OF LAST YEAR. IT IS A CHANGE OF DIRECTION AND SENTIMENT FROM WHERE WE TRADED IN AFT ...
Marcus (MCS) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2026-02-26 18:30
Marcus (MCS) reported $193.5 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 2.8%. EPS of -$0.06 for the same period compares to $0.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $184.56 million, representing a surprise of +4.84%. The company delivered an EPS surprise of -189.96%, with the consensus EPS estimate being $0.07.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Corus Entertainment Inc. (CJR.B:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha· 2026-02-26 18:17
PresentationGood morning. I would like to welcome everyone to the Corus Entertainment Inc.'s 2026 Annual General Meeting of Shareholders. I will now turn the meeting over to Heather Shaw, Non-Executive Chair of the Board of Directors of Corus Entertainment. Please go ahead.Thank you, operator, and welcome, everyone. My name is Heather Shaw, and I will be the Chair of today's meeting. With me today from the company are John Gossling, Chief Executive Officer; Jennifer Lee, Chief Administrative and Legal Offic ...
IMAX Q4 Earnings Surpass Expectations, Revenues Increase Y/Y
ZACKS· 2026-02-26 17:51
Key Takeaways IMAX's Q4 EPS rose 115% to 58 cents as revenues climbed 35% to $125.2M, topping estimates.IMAX's gross box office jumped 62% to a record $336.2M, lifting Content Solutions margin to 57%.IMAX guides 2026 box office of ~$1.4B, EBITDA margin mid-40s and 160-175 system installs.IMAX Corporation (IMAX) reported fourth-quarter 2025 adjusted earnings of 58 cents per share, beating the Zacks Consensus Estimate by 34.88% and increasing 115% year over year. Total revenues of $125.2 million surpassed the ...
The Marcus(MCS) - 2025 Q4 - Earnings Call Transcript
2026-02-26 17:00
The Marcus (NYSE:MCS) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Speaker5Good morning, everyone, and welcome to Marcus Corporation's fourth quarter earnings conference call. My name is Drew, and I will be your operator for today. At this time, all participants are in listen-only mode. We will conduct a question and answer session towards the end of the conference. If at any time during the call you require assistance, please press star zero, and an operator will be happy to assist you. As a reminde ...
As deal drama swirls around Warner Bros., its earnings show a declining industry
MarketWatch· 2026-02-26 15:28
Core Viewpoint - Warner Bros. Discovery (WBD) is facing ongoing losses and revenue declines in its TV and studio businesses, despite having successful releases, indicating struggles within a declining industry [1]. Earnings Results - WBD reported continued losses and a decline in revenue in its fourth quarter [1]. - The company experienced a year marked by a series of hits in both theaters and on television, yet these successes were not enough to offset the overall financial downturn [1].
Paramount Beats Estimates Amid Warner Bros. Bidding War
Youtube· 2026-02-26 15:05
I guess it's hard to interpret these earnings because everything could be different with these companies. I think what was solid and what they're showing is that with integration of Paramount and Skydance with the new asset that they now owned by David Ellison, he is managing to do more with less in terms of profitability. They smashed expectations in terms of how much they're bringing in and overall adjusted earnings.So that shows that even the revenue is on the down side, even though they're seeing all th ...
Warner Bros posts 6% fall in quarterly revenue, deal talks in focus
Reuters· 2026-02-26 12:06
Warner Bros Discovery , at the center of a high-stakes bidding war, reported a 6% drop in quarterly revenue, hurt by declines for its traditional TV and film businesses though its HBO Max streaming se... ...
A股收盘:沪指微跌,算力硬件股集体爆发
Guan Cha Zhe Wang· 2026-02-26 07:43
Group 1 - The core viewpoint of the news highlights the mixed performance of the stock market, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index up 0.19%, and the ChiNext Index down 0.29% [1] - Nvidia reported a significant revenue increase of 73% year-on-year for Q4 of fiscal year 2026, reaching $68.1 billion, surpassing analyst expectations of $65.684 billion, alleviating concerns about an "AI bubble" and demonstrating strong ongoing demand for AI [1] - Several stocks in the computing hardware sector surged, including Fenghuo Communication, Chuanrun Co., Shenzhen South Circuit, and Dazhu Laser, which all hit the daily limit [1] Group 2 - The power and grid equipment sector also saw gains, with stocks like Gan Energy, Shunhua Power, Huayin Power, and Xinlian Electronics reaching their daily limit [1] - In contrast, the film industry stocks continued to decline, with Bona Film Group nearing a daily limit down [1] - A total of 78 stocks hit the daily limit up, while 5 stocks hit the daily limit down, with over 2,800 stocks in the Shanghai and Shenzhen markets showing declines [1]