Factors To Know Ahead Of World Wrestling's (WWE) Q3 Earnings
Zacks Investment Research | Oct 23, 2019 09:42PM ET
World Wrestling Entertainment, Inc. (NYSE:W) is scheduled to report third-quarter 2019 numbers on Oct 31, before the opening bell. We note that in the trailing four quarters, the company’s bottom line has outperformed the Zacks Consensus Estimate, recording average positive earnings surprise of 30.2%. In the last reported quarter, the company surpassed the consensus mark by a wide margin.
What to Expect This Time
The Zacks Consensus Estimate for third-quarter bottom line is pegged at a loss of 1 cent, indicating a significant decline from earnings of 35 cents reported in the year-ago quarter. The consensus mark has remained unchanged over the past 30 days.
For revenues, the consensus mark is pegged at $187.7 million, suggesting a decline of 0.4% from the figure reported in the year-ago quarter.
World Wrestling Entertainment, Inc. Price, Consensus and EPS Surprise
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