These Analysts Cut Their Forecasts On Warner Music Following Q4 Earnings
These Analysts Cut Their Forecasts On Warner Music Following Q4 Earnings
Adjusted OIBDA increased by 11.4% compared to the previous year, reaching $353 million, and the margin improved by 170 basis points to 21.7%, driven by strong operating performance and savings from the company's restructuring plans.Warner Music Group Corp (NASDAQ:WMG) reported downbeat fiscal fourth-quarter 2024 earnings on Thursday.
华纳音乐集团公司（纳斯达克股票代码：WMG）于周四公布了令人失望的2024财年第四季度收益。
GAAP EPS of 8 cents missed the analyst consensus estimate of 27 cents. Revenue grew 2.8% year-on-year to $1.63 billion, beating the analyst consensus estimate of $1.59 billion.
按照GAAP标准计算的每股收益为8美分，低于分析师一致预期的27美分。营业收入同比增长2.8%，达到16.3亿美元，高于分析师一致预期的15.9亿美元。
Recorded Music revenue grew by 4.0% Y/Y at $1.34 billion in the quarter. Music Publishing revenue decreased by 1.0% Y/Y to $295 million. Digital revenue remained flat Y/Y at $1.07 billion.
录音音乐的营业收入在本季度同比增长4.0%，达到了$13.4亿。音乐出版的营业收入同比减少1.0%，降至$29500万。数字收入在同比上保持平稳，为$10.7亿。
Adjusted OIBDA increased by 11.4% compared to the previous year, reaching $353 million, and the margin improved by 170 basis points to 21.7%, driven by strong operating performance and savings from the company's restructuring plans.
调整后的OIBDA与去年相比增长了11.4%，达到$35300万，利润率提高了170个基点，达到21.7%，这得益于强劲的经营表现和公司重组计划的节省。
"Our performance this quarter and this year demonstrated our strength and adaptability in a thriving, fast-moving market," said Robert Kyncl, CEO, Warner Music Group. "We continue to evolve WMG, based on the principle that simplicity and focus drive higher intensity and global impact. This is enhancing our ability to attract original artists and songwriters at all stages of their careers, helping them realize their musical visions, and grow passionate, loyal fanbases."
“本季度和本财年的业绩展示了我们在不断发展、快速变化的市场中的实力和适应能力，” 华纳音乐集团CEO Robert Kyncl表示。“我们继续根据简单和专注驱动更高强度和全球影响的原则发展WMG。这进一步提升了我们吸引原创艺术家和词曲作者的能力，帮助他们实现音乐愿景，并发展忠实的狂热粉丝群。”
Warner Music shares gained 2.7% to trade at $32.01 on Friday.
周五，华纳音乐股价上涨2.7%，报32.01美元。
These analysts made changes to their price targets on Warner Music following earnings announcement.
这些分析师在收益公告后调整了对华纳音乐的目标价。
- Barclays analyst Kannan Venkateshwar maintained Warner Music with an Equal-Weight rating and lowered the price target from $32 to $31.
- JP Morgan analyst David Karnovsky maintained the stock with an Overweight and lowered the price target from $41 to $40.
- Guggenheim analyst Michael Morris reiterated Warner Music with a Buy and maintained a $44 price target.
- 巴克莱银行分析师Kannan Venkateshwar维持对华纳音乐的等权评级，并将价格目标从32美元降至31美元。
- JP Morgan分析师David Karnovsky 维持该股票的增持评级，并将价格目标从41美元下调至40美元。
- 古根海姆分析师Michael Morris 重申买入华纳音乐，并维持44美元的价格目标。
Considering buying WMG stock? Here's what analysts think:
考虑买入华纳音乐股票吗？以下是分析师的看法：
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译文内容由第三方软件翻译。
