| WBD |
Report |
Total adjusted EBITDA |
BEAT |
pred ~$1.87B vs. cons $1.843B |
LOW |
| WBD |
Report |
Streaming EBITDA |
BEAT |
pred ~$395M vs. cons $382M |
LOW |
| WBD |
Report |
Studios EBITDA |
MISS |
pred ~$405M vs. cons $426M |
LOW |
| WBD |
Guide |
Global streaming subscribers (FY26) |
LOWER |
guide >150M vs. cons 153.4M |
LOW |
| WBD |
Guide |
Subscriber-related revenue growth (Q2/FY26) |
BETTER |
accelerated growth; consensus UNVERIFIED |
LOW |
| WBD |
Guide |
Studios annual EBITDA objective |
UNCHANGED |
reiterate at least $3B; consensus UNVERIFIED |
LOW |
| WBD |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.5% |
— |
LOW |
| WBD |
Return |
5-day cumulative residual |
-2.5% (FOLLOW-THROUGH) |
FOLLOW-THROUGH — maintained targets leave forward estimates soft |
LOW |