2024-02-20 11:09:17 ET
Summary
- Warner Bros. Discovery is set to report Q4 earnings on Feb 23. The consensus estimate suggests the company will report a loss for the quarter.
- Beyond earnings and revenue growth, I will be keenly looking at a few other data points to validate my investment thesis for the company.
- Based on cost reduction targets, expected synergies from the merger, and an acceleration of DTC revenue growth, I believe Warner Brothers will break through to profitability in Fiscal 2024.
- Based on three reasons, I believe Warner Bros. will emerge as a strong contender in the DTC sector with a sticky customer base. Investors will have to be patient until this happens to enjoy meaningful gains.
Investing in stocks requires being patient - often for a long period. If everything goes right, taking calculated risks to invest in seemingly undervalued, underappreciated stocks should help us generate alpha returns in the long run. Warner Bros. Discovery, Inc. ( WBD ) is yet to reward patient investors....
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For further details see:
Warner Bros. Discovery Earnings Preview: Maintaining My Bullish Stance