Shares of World Wrestling Entertainment(NYSE:WWE) jumped more than 13% after the company reported better-than-expected Q1 results on Thursday.
Quarterly Results
Earnings per share increased 472.73% year over year to $0.41, which beat the estimate of $0.25.
Revenue of $291,000,000 rose by 59.54% year over year, which beat the estimate of $266,520,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Price Action
52-week high: $100.45
Company's 52-week low was at $29.10
Price action over last quarter: down 8.16%
Company Description
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. The company also licenses branded consumer products.
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