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WBDWarner Bros. Discovery, Inc. - Sell3.6·$28.02-0.63%

Warner Bros. Discovery, Inc. - (WBD) Q2 2026 earnings — TrendMatrix coverage

BEAT+158.9% vs estimateEPS $0.06 vs -$0.10 estCurrent verdict Sell 3.6/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.06
Estimate
-$0.10
Surprise
+158.9%
Revenue (period 2026-06-30)
$8.72B
Score today
3.6/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Warner Bros. Discovery, Inc. - (WBD) beat the -$0.10 estimate with diluted EPS of $0.06 — a large 158.9% upside surprise.

Current read · as of 2026-09-14

Where TrendMatrix's rating stands now

TrendMatrix currently rates WBD Sell at 3.6/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's +158.9% surprise compares with a -942.3% four-quarter average. Next scheduled report: 2026-11-05.

What argues against it

  • Target reached (-7.5% upside)
  • Quality below floor (2.8 < 4.0)
  • Momentum score 3.5/10 — below 4.5 minimum

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$28.02
Price target
$32.25
Stop
$27.40
Upside to target
+15.1%

Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.

Communication Services context

WBD at TrendMatrix's latest read

Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.

Industry
Entertainment
Market cap
$70.30B
P/E (fwd)
400.6
52-week range
$17.08$30.00
Off 52-week high
6.6%
RSI (14)
38
Volume vs avg
0.75×
Score today
3.6/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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