WBD Earnings Reaction History

Warner Bros. Discovery, Inc.

EPS, Revenue, Stock Move

WBD stock falls 3.1% on average on the first trading day after earnings.

When WBD delivers a double beat, the stock falls 7.3% on average on the first trading day.

Across 17 releases, WBD has delivered a positive next-day return 35.3% of the time.

Reaction Snapshot (Avg Day 1-3)

Day 1
-3.15%
Day 2
+0.11%
Day 3
-0.20%

Conditioned Moves (Day 1 Basis)

Double Beat
-7.27%
Mixed
-1.77%
Double Miss
-3.56%

EPS Beat Rate

29.4%

Revenue Beat Rate

17.6%

Positive Rate

35.3%

Both Beat Rate

5.9%

Recent Earnings History

DateEPSRevenueDay 1Day 2Day 3Detail
2026-05-06
Miss-1070.00%
Beat+0.05%
-0.29%-0.04%+0.48%Open
2026-02-26
Miss-600.00%
Beat+1.17%
-0.35%-2.19%+1.17%Open
2025-11-06
Miss-50.00%
Miss-1.43%
-1.49%+1.12%+1.37%Open
2025-08-07
Beat+493.75%
Beat+0.39%
-7.27%-8.01%-1.19%Open
2025-05-08
Miss-50.00%
Miss-6.38%
+5.26%+0.67%+1.76%Open
2025-02-27
Miss-600.00%
Miss-1.49%
+4.76%+4.18%-3.84%Open
2024-11-07
Beat+171.43%
Miss-1.71%
+11.81%-2.03%+1.63%Open
2024-08-07
Miss-2161.11%
Miss-3.59%
-8.95%+0.14%-4.55%Open

FAQ

How much does WBD usually move after earnings?

WBD moves about 3.1% on average on the first trading day after earnings. Net average direction is -3.15%.

What is WBD's biggest post-earnings gain?

WBD's largest recorded next-day earnings gain is +11.81%, on 2024-11-07.