财务业绩 - 公司第三季度总收入下降1%,但以恒定汇率计算则增长1%[2] - 净利润增长14%至1.41亿美元[2] - 经营利润增长10%至2.07亿美元[2] - 经调整OIBDA增长6%至3.16亿美元,以恒定汇率计算则增长8%[3] - 经营活动产生的现金流增长29%至1.88亿美元[17] - 自由现金流增长42%至1.6亿美元[17] - 公司在过去9个月内经营活动产生的现金净额为4.5亿美元，较上年同期增加29%[49] - 公司在过去9个月内净收入增长51%至4.3亿美元[63] - 公司在过去9个月内经营活动产生的现金净额为4.5亿美元，较上年同期增加29%[49] - 公司在过去3个月内调整后息税折旧及摊销前利润(Adjusted OIBDA)增长6%至2.97亿美元[61] - 公司总收入为15.54亿美元，同比增长1%[81] - 总调整后OIBDA为3.16亿美元，同比增长7.8%[90,91] - 自由现金流为1.6亿美元，同比增长41.6%[101,102] 业务表现 - 唱片音乐数字收入增长4.7%,流媒体收入增长5.5%[11] - 音乐出版业务流媒体收入增长7.9%[11] - 唱片音乐经营利润率和经调整OIBDA利润率均有所提升[24][25] - 音乐出版业务收入增长8%,经营利润和经调整OIBDA均有所增长[28] - 音乐出版业务收入增长7.8%(或8.9%按固定汇率计算)[31] - 数字收入增长6.6%(或7.2%按固定汇率计算)，流媒体收入增长7.9%(按固定汇率计算保持不变)[32] - 表演收入增长30.0%(或33.3%按固定汇率计算),主要由于美国以外巡演活动和美国广播活动增加[32] - 机械收入下降18.8%(按固定汇率计算保持不变),主要由于实体销售下降[32] - 同步收入增长2.4%(按固定汇率计算保持不变),受国际商业许可活动增加的推动,部分被美国版权侵权和解的时间影响所抵消[32] - 音乐出版业务经营利润增加至5300万美元,经营利润率下降0.3个百分点至17.4%[33] - 音乐出版业务调整后OIBDA增长6.8%(或8.2%按固定汇率计算),调整后OIBDA利润率增加0.1个百分点至26.2%(按固定汇率计算保持不变)[34] - 公司数字收入在过去9个月内增长10%，其中流媒体收入增长11%[56] - 唱片音乐业务调整后息税折旧及摊销前利润(Adjusted OIBDA)在过去9个月内增长19%，利润率提升至22.5%[75] - 音乐出版业务调整后息税折旧及摊销前利润(Adjusted OIBDA)在过去9个月内增长7%，利润率维持在26.2%[70][71] - 录音音乐业务收入为12.51亿美元，同比下降1%[82] - 音乐出版业务收入为3.05亿美元，同比增长9%[82] - 录音音乐业务调整后OIBDA为2.81亿美元，同比增长7.7%[92] - 音乐出版业务调整后OIBDA为0.79亿美元，同比增长8.2%[93] - 音乐出版业务调整后OIBDA率为27.0%[97] - 数字收入占总收入的69%，同比增长6%[83,88] 其他 - 公司将于美东时间上午8:30举行电话会议讨论业绩[36] - 公司维持网站www.wmg.com作为信息发布渠道[39] - 公司在过去9个月内进行了9600万美元的重组和转型投入[72] - 公司在过去9个月内完成了3200万美元的出售资产交易[72]

Warner Music Group Corp. (WMG) has been on a downward spiral lately with significant selling pressure. After declining 9.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This company is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents a year-over-year change of -10.7%. Investors should keep in mind that the direction of estimate revisions by each of the coverin ...

To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com. The replay of the conference call will also be available via the webcast at www.wmg.com. About Warner Music Group Investor Relations Contact: Kareem Chin Kareem.Chin@wmg.com NEW ...

To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com. The replay of the conference call will also be available via the webcast at www.wmg.com. Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technol ...

NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, August 8, 2024, for the third quarter ended June 30, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate as ...

NEW YORK, June 6, 2024 /PRNewswire/ -- Michael Ryan-Southern (MRS) is being appointed by Warner Music Group (Nasdaq: WMG) to the newly created post of Executive Vice President, Corporate Development, effective August 5th. MRS, who comes to WMG with two decades of investment, finance, and music industry experience, most recently served as Global Head of Music & Live Entertainment Investment Banking at Goldman Sachs. MRS will lead all stages of M&A activity, working in partnership with WMG's leaders and depar ...

财务数据和关键指标变化 - 总收入增长7%,其中录音音乐和音乐出版分别增长4%和19% [9][39] - 归一化总收入增长9%,其中录音音乐增长7% [10] - 录音音乐流媒体收入增长11%,其中订阅流媒体收入增长13.5% [10] - 总调整后OIBDA增长9%,归一化增长10% [10] 各条业务线数据和关键指标变化 - 录音音乐业务收入增长4%,归一化增长7% [39] - 录音音乐流媒体收入增长11%,其中订阅流媒体增长13.5%,广告支持收入增长5% [39][40] - 录音音乐实体销售收入下降7% [40] - 录音音乐艺人服务和扩展权利收入下降3% [40] - 录音音乐版权收入增长5% [40] - 音乐出版业务收入增长19%,其中数字和流媒体收入增长27%和29% [42] - 音乐出版业务表演收入增长18%,同步收入增长2%,机械收入下降6% [42] 各个市场数据和关键指标变化 - 在阿根廷市场,公司收入同比翻倍 [27] - 在撒哈拉以南非洲地区,公司是唯一一家去年市场份额增长的大型音乐公司 [27] - 在印度市场,公司也是唯一一家去年市场份额增长的大型音乐公司 [27] - 公司最近在南亚地区启动了华纳音乐南亚业务 [28] 公司战略和发展方向及行业竞争 - 公司在签约和服务更广泛的艺人和作词作曲家、挖掘有全球吸引力的本土音乐、帮助艺人在竞争激烈的环境中脱颖而出等方面取得进展 [21] - 公司正在扩大低接触服务,为更多独立艺人、唱片公司和作词作曲家提供全面的服务 [25][26] - 公司正在全球范围内扩大录音音乐业务,在一些新兴市场如阿根廷、撒哈拉以南非洲和印度取得良好增长 [27][28] - 公司正在推动音乐版权价值的提升,包括推动DSP平台价格上涨,以及探索更有利于艺人的版税模式 [29][30] - 公司正在应对人工智能带来的挑战,呼吁政府出台相关法规保护艺人权益 [31][32] - 公司正在进行内部重组,集中职能并退出自有媒体业务,以加快技术能力建设 [34][35] 管理层对经营环境和未来前景的评论 - 管理层对公司在新艺人培养、流媒体订阅增长、价格上涨等方面取得的进展表示满意 [9][10][11][12][13][29][30] - 管理层认为人工智能是一个需要谨慎应对的新兴领域,呼吁政府出台相关法规 [31][32][33] - 管理层对公司内部重组和技术能力建设的进展表示乐观,认为这将为未来发展奠定基础 [34][35] - 管理层对公司下半年的新专辑发布计划表示期待,认为这将推动业务持续增长 [36] 问答环节重要的提问和回答 问题1 **Benjamin Black 提问** 为什么公司最终放弃了对Believe的收购 [51] **Robert Kyncl 回答** 公司一直在寻找机会加快实现战略目标的步伐,但Believe的收购由于时间紧迫等原因最终未能成行 [53][54] 问题2 **Michael Morris 提问** 公司如何看待Spotify的新定价策略,是否会从中获益 [74][75] **Robert Kyncl 回答** 公司认为Spotify的定价策略变化是积极的,表明行业正在重视音乐价值的提升。公司将确保自身定价策略的一致性,从而从中获益 [76][77][78] 问题3 **David Karnovsky 提问** 公司有哪些方法来提高老目录作品的曝光度和收益 [84][85] **Robert Kyncl 回答** 公司一方面通过技术手段优化目录作品在各大平台的表现,另一方面也在加大针对性营销,取得了良好效果 [87][88][89]

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.30, delivering a surprise of -30.23%.Over the last four quarters, the ...