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WWE: 1Q Earnings Snapshot

STAMFORD, Conn. (AP) _ World Wrestling Entertainment Inc. (WWE) on Thursday reported a first-quarter loss of $8.4 million, after reporting a profit in the same period a year earlier.

The Stamford, Connecticut-based company said it had a loss of 11 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The producer of professional wrestling events and television shows posted revenue of $182.4 million in the period.

WWE shares have risen 32 percent since the beginning of the year. The stock has more than doubled in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WWE at https://www.zacks.com/ap/WWE