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WMG

Warner Music Group

$31.18

Earnings Summary

Revenue
$1630Mn
Net Profits
$435Mn
Net Profit Margins
26.69%

Highlights

Revenue:

Warner Music Group’s revenue jumped 2.77% since last year same period to $1630Mn in the Q3 2024. On a quarterly growth basis, Warner Music Group has generated 4.89% jump in its revenue since last 3-months.

Net Profits:

Warner Music Group’s net profit jumped 186.18% since last year same period to $435Mn in the Q3 2024. On a quarterly growth basis, Warner Music Group has generated 212.95% jump in its net profits since last 3-months.

Net Profit Margins:

Warner Music Group’s net profit margin jumped 178.46% since last year same period to 26.69% in the Q3 2024. On a quarterly growth basis, Warner Music Group has generated 198.36% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Warner Music Group post its latest quarter earnings

EPS Estimate Current Quarter
0.28
EPS Estimate Current Year
0.28

Highlights

EPS Estimate Current Quarter:

Warner Music Group’s earning per share (EPS) estimates for the current quarter stand at 0.28 - a 3.7% jump from last quarter’s estimates.

EPS Estimate Current Year:

Warner Music Group’s earning per share (EPS) estimates for the current year stand at 0.28.

Key Ratios

Key ratios of the Warner Music Group post its Q2 2024 earnings

Earning Per Share (EPS)
0.32
Return on Assets (ROA)
0.07
Return on Equity (ROE)
1.25
Dividend Per Share (DPS)
0.17

Highlights

Earning Per Share (EPS):

Warner Music Group’s earning per share (EPS) jumped 39.13% since last year same period to 0.32 in the Q2 2024. This indicates that the Warner Music Group has generated 39.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Warner Music Group’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Warner Music Group’s return on equity (ROE) stands at 1.25.

Dividend Per Share (DPS):

Warner Music Group declared 0.17 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-07
0.27
0.32
18.52%
2024-05-09
0.24
0.39
62.5%