Earnings Summary

Warner Music Group’s revenue jumped 6.79% since last year same period to $1494Mn in the Q1 2024. On a quarterly growth basis, Warner Music Group has generated -14.53% fall in its revenue since last 3-months.

Warner Music Group’s net profit jumped 182.35% since last year same period to $96Mn in the Q1 2024. On a quarterly growth basis, Warner Music Group has generated -39.62% fall in its net profits since last 3-months.

Warner Music Group’s net profit margin jumped 164.4% since last year same period to 6.43% in the Q1 2024. On a quarterly growth basis, Warner Music Group has generated -29.36% fall in its net profit margins since last 3-months.

Warner Music Group’s price-to-earnings ratio after this Q1 2024 earnings stands at 29.61.

Warner Music Group’s earning per share (EPS) estimates for the current quarter stand at 0.28 - a 16.67% jump from last quarter’s estimates.

Warner Music Group’s earning per share (EPS) estimates for the current year stand at 0.28.

Warner Music Group’s earning per share (EPS) jumped 550% since last year same period to 0.39 in the Q1 2024. This indicates that the Warner Music Group has generated 550% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Warner Music Group’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Warner Music Group’s return on equity (ROE) stands at 1.33.

Warner Music Group declared 0.17 dividend per share during the earnings announcement for Q1 2024.