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Earnings Alert: Warner Music is Expected to Beat the Street Consensus When It Reports Earnings (WMG)

Written on Sun, 07/25/2010 - 3:44pm
By Chip Brian

Analysts, on average, expect Warner Music (NYSE:WMG) to report a loss of $0.33 on sales of $693 million on August 05, 2010.
For the full year, analysts expect the company to post a loss of $0.68. In the year-ago period, the company reported a loss of $0.13 on sales of $769 million.
In the previous quarter, the company reported a loss of $0.17, topping consensus estimates for a loss of $0.30.
SmarTrend is bearish on shares of Warner Music and our subscribers were alerted to Sell on May 19, 2010 at $6.28. The stock has fallen 25.2% since the alert was issued.

Keywords: warner music earnings preview

Ticker(s): WMG

Contact Chip Brian



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