NASDAQ$WMG

Warner Music Group Corp · Q3 2018 earnings

Q3 2018 earnings · · Investor relations

Headline financials

Total Revenue

$958M

Previous: $917M+4.5%
EPS (adj)

$0.32

Previous: $0.14+127.0%
Free Cash Flow

$320M

Previous: $141M+127.0%
Net Income

$320M

Previous: $141M+127.0%
Operating Income

$28M

Previous: $51M-45.1%
Gross Profit

$427M

Previous: $398M+7.3%
Cash & Equivalents

$905M

Previous: $567M+59.6%
Total Assets

$5.76B

Previous: $5.48B+5.2%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

WMG · Revenue · Quarterly

$958M

Q3 2018+4.5%vs Q3 2017

Revenue by segment

WMG · $1.87B total across 2 segments · Q3 2025

  • Recorded Music
    $1.49B—
  • Music Publishing
    $377M—

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-2.1%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-2.3%

Avg return

30 days after

30%

7 / 23 earnings

Positive

+19.3%

Q4 2022

Best reaction

-11.2%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025———
Q2 2026+2.2%+10.7%-1.5%
Q1 2026+3.1%+5.6%-1.2%
Q4 2025-2.7%-7.0%-3.8%
Q2 2025-8.1%-8.7%-12.4%
Q1 2025-1.1%+5.0%+7.1%
Q4 2024-5.4%-3.8%-7.5%
Q3 2024+1.0%-2.1%-1.8%
Q2 2024-11.2%-9.8%-17.2%
Q1 2024-3.0%-0.1%-6.8%
Q4 2023-3.2%-1.1%+2.3%
Q3 2023+8.2%+7.6%+7.9%
Q2 2023-8.0%-11.2%-13.0%
Q1 2023-6.4%-7.2%-18.8%
Q4 2022+19.3%+20.8%+31.2%
Q3 2022-6.7%-5.4%-14.2%
Q2 2022-6.9%+6.6%+3.6%
Q1 2022-4.9%-5.5%-18.0%
Q4 2021-9.7%-10.4%-13.1%
Q3 2021-1.7%-4.1%+4.0%
Q2 2021-6.7%-4.3%-9.3%
Q1 2021+8.2%+8.1%+2.2%
Q4 2020+0.6%-2.5%+30.7%
Q3 2020-4.3%-4.8%-4.5%
Q2 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
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Q4 2018———
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Q4 2015———
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Q4 2014———
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Q4 2013———
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Q4 2012———
Q3 2012———
Q2 2012———
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Q4 2011———
Q3 2010———
Q3 2011———
Q2 2011———
Q1 2010———
Q4 2010———
Q2 2010———

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