Warner Music Group (WMG) to Release Quarterly Earnings on Thursday

Warner Music Group (NASDAQ:WMG) will likely be announcing its Q3 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.3435 per share and revenue of $1.8095 billion for the quarter. Parties can check the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

Warner Music Group (NASDAQ:WMG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.14. Warner Music Group had a net margin of 6.34% and a return on equity of 62.01%. The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the firm earned $0.07 EPS. Warner Music Group’s quarterly revenue was up 16.7% on a year-over-year basis. On average, analysts expect Warner Music Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Warner Music Group Trading Down 3.3%

Shares of Warner Music Group stock opened at $25.10 on Tuesday. The firm has a market cap of $13.09 billion, a price-to-earnings ratio of 29.53, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. Warner Music Group has a 52-week low of $23.34 and a 52-week high of $35.42. The company’s 50-day simple moving average is $28.57 and its 200-day simple moving average is $28.82. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 5.62.

Warner Music Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 26th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, May 26th. Warner Music Group’s payout ratio is currently 89.41%.

More Warner Music Group News

Here are the key news stories impacting Warner Music Group this week:

• Positive Sentiment: Preliminary results beat expectations: Warner Music’s fiscal third-quarter preliminary results reportedly exceeded analyst expectations, providing a positive signal ahead of the formal earnings release. Warner Music Group’s FQ3 preliminary results beat expectations
• Positive Sentiment: Streaming remains a key growth driver: Recorded-music subscription streaming revenue increased 11% year over year in calendar second-quarter results. Reported third-quarter revenue also rose 10%, supported by double-digit streaming growth. Warner Music CFO departure and subscription revenue growth Warner Music Group Q3 Revenue Up 10%
• Positive Sentiment: Raised guidance is above consensus: WMG issued fiscal third-quarter EPS guidance of $0.51, compared with the $0.39 analyst consensus, and revenue guidance of approximately $1.9 billion versus expectations of $1.8 billion. The outlook implies stronger near-term earnings and sales momentum than analysts had modeled.
• Neutral Sentiment: Earnings are imminent: Warner Music will release results for the quarter ended June 30 on Wednesday, August 5, followed by a conference call at 4:30 p.m. ET. Investors will likely focus on streaming trends, margins, cash flow and the leadership transition. Warner Music earnings conference call
• Negative Sentiment: Senior finance and operations turnover: WMG’s CFO and COO are departing after about a year in their roles. Although filings indicate the exits were not caused by a weak quarter, the abrupt change may weigh on investor confidence and create uncertainty around execution and succession plans. Warner Music CFO and COO departures

Institutional Trading of Warner Music Group

Institutional investors have recently bought and sold shares of the company. Quarry LP purchased a new stake in shares of Warner Music Group in the 4th quarter worth about $40,000. Osaic Holdings Inc. increased its holdings in Warner Music Group by 480.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,493 shares of the company’s stock valued at $41,000 after acquiring an additional 1,236 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in Warner Music Group by 774.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,207 shares of the company’s stock worth $41,000 after acquiring an additional 1,069 shares during the last quarter. Parallel Advisors LLC raised its position in Warner Music Group by 355.7% during the fourth quarter. Parallel Advisors LLC now owns 1,531 shares of the company’s stock worth $47,000 after acquiring an additional 1,195 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Warner Music Group by 740.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,890 shares of the company’s stock valued at $58,000 after purchasing an additional 1,665 shares in the last quarter. 96.88% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WMG shares. Evercore reissued an “outperform” rating and set a $43.00 target price on shares of Warner Music Group in a research note on Friday, May 8th. Wall Street Zen downgraded Warner Music Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Guggenheim increased their price objective on Warner Music Group from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Warner Music Group in a report on Wednesday, June 24th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Warner Music Group in a research report on Friday, May 8th. Fourteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Warner Music Group presently has a consensus rating of “Moderate Buy” and an average price target of $38.43.

About Warner Music Group

Warner Music Group is a major global music company that operates across recorded music and music publishing. Its recorded-music business comprises a portfolio of well-known labels—including Atlantic, Warner Records and Parlophone—as well as distribution and artist-services operations that support both established and emerging artists. The company’s publishing arm, Warner Chappell Music, manages songwriting catalogs and administers rights for compositions across multiple media, providing licensing for film, television, advertising and other commercial uses.

WMG’s activities span the full music value chain: signing and developing artists, producing and marketing recordings, distributing music through physical channels and streaming platforms, and monetizing rights through licensing, synchronization and neighboring-rights collection.