55.22 0.00 (0.00%)
After hours: 5:13PM EST
|Bid||54.94 x 1000|
|Ask||56.00 x 800|
|Day's Range||54.82 - 56.34|
|52 Week Range||52.69 - 100.45|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||101.51|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||0.48 (0.86%)|
|1y Target Est||82.13|
WWE® (WWE) and New Jersey Governor Phil Murphy today announced that WrestleMania 35 generated $165.4 million in economic impact for the New York/New Jersey region this past April, according to a study conducted by the Enigma Research Corporation. This marks a more than 60 percent increase from the $101.2 million generated for WrestleMania 29 in New York and New Jersey, and the eighth consecutive year that WrestleMania generated more than $100 million in economic impact for its host region.
Shares of World Wrestling Entertainment Inc. surged 6.1% in afternoon trading Tuesday, to bounce off an 18-month low in the previous session, after the media and entertainment company said it has expanded its live-event partnership with the Saudi General Entertainment Authority (GEA). The company said late Monday that the partnership, which is extended through 2027, will include a second annual large-scale event. The stock closed Monday at $53.16, the lowest closing price since May 18, 2018, in the wake of a disappointing third-quarter report and outlook last week. On Oct. 31, the stock had plummeted 15.7%, the biggest one-day selloff in 5 1/2 years, after WWE reported profit that beat expectations but revenue that missed. The company said then that the "previously contemplated agreement" in Saudi Arabia had not yet been completed. On Tuesday, the company said it continues to "work towards the completion of the media agreement" with GEA. The stock has now tumbled 25% year to date, while the S&P 500 has gained 23%.
Earnings reports were featured on Tuesday's PreMarket Prep Show . Although there weren't many big names, there were some big moves. What You Don't Want To Say On An Earnings Call After the close on Monday, ...
Following the historic Crown Jewel event in Riyadh, WWE (WWE) and the Saudi General Entertainment Authority (GEA) have expanded their live event partnership through 2027 to include a second annual large-scale event. WWE and GEA also continue to work towards the completion of a media agreement in the MENA region. This long-term partnership demonstrates WWE and GEA’s commitment to bring sports entertainment to the region and supports Saudi Arabia’s Vision 2030.
WWE superstars Natalya and Lacey Evans just went down in the history books as the first women to put on a professional women’s match in the Kingdom of Saudi Arabia, the latest attempt by the monarchy to appear less conservative and ease restrictions on women.
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock with a price target lowered from $85 to $80. MKM Partners analyst Eric Handler maintains at Buy, price target lowered from $110 to $92.
World Wrestling Entertainment's (WWE) Q3 revenues decline year over year. Lower revenues from the Live Events and Consumer Products business segments hurt the top line.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
WWE (WWE) delivered earnings and revenue surprises of 700.00% and -0.76%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of World Wrestling Entertainment Inc. plunged 11% toward a one-year low in premarket trading Thursday, after the entertainment and media company beat profit expectations but missed on revenue and gave a downbeat outlook. Net income fell to $5.8 million,or 6 cents a share, from $33.6 million, or 37 cents a share, in the year-ago period, due primarily to a reduction in excess tax benefits, but was above the FactSet EPS consensus of 2 cents. Revenue declined 1.1% to $186.3 million, below the FactSet consensus of $191.5 million, as all three business segments missed expectations. Media revenue rose 2.8% to $146.1 million, but missed the FactSet consensus of $146.8 million; live events revenue dropped 13% to $23.2 million to miss expectations of $26.1 million; and consumer products revenue fell 13% to $17.0 million, below expectations of $19.2 million. The company said given that its "previously contemplated agreement" for the Middle East and North Africa region (MENA) has not yet been completed, and as content creation investments have been accelerated, it has lowered its 2019 guidance for an adjusted non-net operating income metric, and said it was unable to provide guidance on a net basis. The stock has lost 8.7% over the past three months through Wednesday, while the S&P 500 has gained 2.2%.
Shares of World Wrestling Entertainment plummeted after the company reported lower-than-expected revenue for the third quarter and reduced its 2019 earnings guidance. All three of the company's business segments lagged revenue expectations in the latest period: media, live events and consumer product. Media revenue climbed 2.8% to $146.1 million, but trailed FactSet's analyst consensus of $146.8 million.
WWE today announced at a press conference at King Fahd International Stadium in Riyadh that the first-ever WWE women’s match in Saudi Arabia will take place tomorrow, October 31 as part of Riyadh Season, which includes more than 100 events over a two-month span featuring world-class entertainment and sports properties.
WWE® (WWE) today announced that tickets to the pop-culture extravaganza, WrestleMania, will be available on Friday, November 15 starting at 10 AM ET. WrestleMania will take place Sunday, April 5, 2020 from Raymond James Stadium in Tampa Bay and stream live around the world on WWE Network. There will also be a limited number of “Gold Circle” VIP Packages available ranging from $2,000-$2,500.
The last major WWE event to come to town was WrestleMania 33 in 2017, which drew more than 75,000 fans to Orlando's Camping World Stadium.
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
WWE (WWE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Softness in adjusted OIBDA is likely to have hurt World Wrestling's (WWE) Q3 bottom line. However, efforts to expand original content, raise content rights fees and monetize video content bode well.