Warner Music Shares Rise After Higher Preliminary Fiscal Q3 Adjusted Earnings, Revenue Posted
Warner Music Group (WMG) shares were up 0.9% in early trading on Monday after the company posted higher preliminary fiscal Q3 adjusted earnings and revenue in a regulatory filing.The company reported preliminary fiscal Q3 adjusted earnings Monday of $0.51 per share, up from $0.42 a year earlier.Analysts polled by FactSet expect $0.40.Preliminary total revenue for the quarter ended June 30 was $1.86 billion, up from $1.69 billion a year earlier.Analysts expect revenue of $1.81 billion.Price: $25.99, Change: $+0.02, Percent Change: +0.10%