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 Warner Music Group Corp (NASDAQ:WMG) reported downbeat fiscal fourth-quarter 2024 earnings on Thursday.
華納音樂集團公司（納斯達克股票代碼：WMG）於週四公佈了令人失望的2024財年第四季度收益。
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標準計算的每股收益爲8美分，低於分析師一致預期的27美分。營業收入同比增長2.8%，達到16.3億美元，高於分析師一致預期的15.9億美元。
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.
錄音音樂的營業收入在本季度同比增長4.0%，達到了$13.4億。音樂出版的營業收入同比減少1.0%，降至$29500萬。數字收入在同比上保持平穩，爲$10.7億。
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.
調整後的OIBDA與去年相比增長了11.4%，達到$35300萬，利潤率提高了170個點子，達到21.7%，這得益於強勁的經營表現和公司重組計劃的節省。
"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."
「本季度和本財年的業績展示了我們在不斷髮展、快速變化的市場中的實力和適應能力，」 華納音樂集團CEO Robert Kyncl表示。「我們繼續根據簡單和專注驅動更高強度和全球影響的原則發展WMG。這進一步提升了我們吸引原創藝術家和詞曲作者的能力，幫助他們實現音樂願景，並發展忠實的狂熱粉絲群。」
Warner Music shares gained 2.7% to trade at $32.01 on Friday.
週五，華納音樂股價上漲2.7%，報32.01美元。
These analysts made changes to their price targets on Warner Music following earnings announcement.
這些分析師在收益公告後調整了對華納音樂的目標價。
- 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.
- 巴克萊銀行分析師Kannan Venkateshwar維持對華納音樂的等權評級，並將價格目標從32美元降至31美元。
- JP Morgan分析師David Karnovsky 維持該股票的增持評級，並將價格目標從41美元下調至40美元。
- 古根海姆分析師Michael Morris 重申買入華納音樂，並維持44美元的價格目標。
Considering buying WMG stock? Here's what analysts think:
考慮買入華納音樂股票嗎？以下是分析師的看法：
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