Warner Music Gr Q1 EPS $0.33 Misses $0.36 Estimate, Sales $1.840B Beat $1.773B Estimate

Warner Music Gr (NASDAQ:WMG) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.36 by 8.59 percent. This is a 26.67 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $1.840 billion which beat the analyst consensus estimate of $1.773 billion by 3.78 percent. This is a 10.44 percent increase over sales of $1.666 billion the same period last year.