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Music ETF (MUSQ) Hits The Right Note With Compelling Content Mix

音楽etf(MUSQ)が魅力的なコンテンツミックスで正しい音符に触れました。

Benzinga ·  14:52

Music entertainment companyWarner Music Group(NASDAQ:WMG) made headlines earlier today with the release of its fiscal third-quarter earnings report. Ahead of the disclosure, analysts anticipated earnings per share of 27 cents on sales of $1.56 billion. Actual results fell just shy of overall estimates, with EPS landing at 27 cents on revenue of $1.55 billion.

In the year-ago quarter, Warner Music posted 27 cents with a top line of $1.56 billion. These stats beat out expectations calling for earnings of 20 cents on revenue of $1.47 billion.

Interestingly, revenue for Warner's recorded music segment slipped by 2.4% on a year-over-year basis to...

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