WMG
Warner Music Group
NASDAQ: WMG · COMMUNICATION SERVICES · ENTERTAINMENT
$27.92
-2.21% today
Updated 2026-04-29
Market cap
$14.58B
P/E ratio
48.98
P/S ratio
2.12x
EPS (TTM)
$0.57
Dividend yield
2.59%
52W range
$23 – $34
Volume
2.2M
Warner Music Group (WMG) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
6 of 8
Last 8 quarters
Avg EPS surprise
+0.5%
Last 4 quarters
Revenue YoY growth
+10.4%
Most recent quarter
EPS YoY growth
-20.1%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+3.1%
Last 3 reports
Positive reaction rate
100%
3 of 3 quarters
Largest single-day move
+5.6%
2025-08-07
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-05 | $0.43 | +17.2% | $28.20 | $29.05 | +3.0% |
| 2025-11-20 | $0.51 | +55.9% | $30.50 | $30.69 | +0.6% |
| 2025-08-07 | $0.25 | -13.8% | $30.04 | $31.71 | +5.6% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $0.37 | $0.43 | +17.2% | $1.84B | +10.4% |
| 2025-09-30 | $0.33 | $0.51 | +55.9% | $1.87B | +14.6% |
| 2025-06-30 | $0.29 | $0.25 | -13.8% | $1.69B | +8.7% |
| 2025-03-31 | $0.28 | $0.12 | -57.1% | $1.48B | -0.7% |
| 2024-12-31 | $0.33 | $0.54 | +63.6% | $1.67B | -4.7% |
| 2024-09-30 | $0.31 | $0.31 | +0.0% | $1.63B | +2.8% |
| 2024-06-30 | $0.27 | $0.32 | +18.5% | $1.55B | -0.6% |
| 2024-03-31 | $0.24 | $0.39 | +62.5% | $1.49B | — |
| 2023-12-31 | $0.43 | $0.33 | -23.3% | $1.75B | — |
| 2023-09-30 | $0.25 | $0.34 | +36.0% | $1.59B | — |
| 2023-06-30 | $0.20 | $0.23 | +15.0% | $1.56B | — |
Frequently asked questions
Has Warner Music Group beaten earnings estimates?
Warner Music Group has beaten Wall Street EPS estimates in 6 of its last 8 quarterly reports, with an average EPS surprise of +0.5% over the last 4 quarters.
How does WMG stock react to earnings?
WMG stock has moved an average of +3.1% in the trading day following earnings over its last 3 reports, with positive reactions in 100% of those quarters.
What is Warner Music Group's revenue growth rate?
Warner Music Group reported year-over-year revenue growth of +10.4% in its most recent quarter, with EPS growing -20.1% year-over-year.