|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||34.05 - 34.76|
|52 Week Range||21.57 - 44.64|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||58.58|
|Forward Dividend & Yield||0.64 (2.37%)|
|Ex-Dividend Date||Aug 23, 2022|
|1y Target Est||N/A|
Morgan Stanley analyst Benjamin Swinburne maintained Warner Music Group Corp (NASDAQ: WMG) with an Overweight and raised the price target from $31 to $38. As the headwinds that weighed on FY22 begin to fade in Q1, Swinburne sees shares set up to outperform. WMG reported fourth-quarter FY22 revenue growth of 8.8% year-on-year to $1.497 billion, beating the consensus of $1.42 billion. Recorded Music revenue grew 6% Y/Y to $1.24 billion. Music Publishing increased 24% Y/Y to $254 million, and Digit
Warner Music's (WMG) fourth-quarter fiscal 2022 results benefit from robust growth across emerging streaming platforms.
Warner Music Group ( NASDAQ:WMG ) Full Year 2022 Results Key Financial Results Revenue: US$5.92b (up 12% from FY 2021...