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Warner Music Group Corp. (NASDAQ:WMG), currently valued at $15.7 billion by market capitalization, disclosed its financial results for the quarter ended March 31, 2025, today. The announcement was made via an earnings release, which is now available to the public and attached as Exhibit 99.1 to the company’s latest 8-K filing with the U.S. Securities and Exchange Commission. According to InvestingPro data, the company has maintained profitability over the last twelve months, with a gross profit margin of nearly 47%.
The company, headquartered in New York, NY, has not designated this information as "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into any filing under the Securities Act of 1933, unless explicitly referenced in such a filing.
The earnings release provides investors and the public with a detailed account of Warner Music Group’s financial performance over the past quarter, which ended on March 31. The document includes key financial metrics and insights into the company’s operations during the period.
Warner Music Group, incorporated in Delaware and with a fiscal year-end on September 30, is a leading company in the amusement and recreation services industry. The company’s Class A Common Stock is listed on The Nasdaq Stock Market LLC under the trading symbol WMG.
The 8-K filing also includes a cover page interactive data file, which is embedded within the Inline XBRL document, as noted in Exhibit 104 of the report. This digital format allows for enhanced accessibility and analysis of the company’s financial statements.
Investors and analysts are encouraged to review Warner Music Group’s earnings release for a comprehensive understanding of the company’s financial position and performance during the quarter. The information provided in the release and the 8-K filing is based solely on the company’s disclosures and has not been independently verified.
For further details and to access the complete financial statements, interested parties can refer to Exhibit 99.1 of the 8-K filing dated May 8, 2025, by Warner Music Group Corp. For comprehensive analysis and additional insights, investors can access the detailed Pro Research Report available on InvestingPro, which includes in-depth valuation metrics, growth indicators, and expert analysis of WMG’s market position.
In other recent news, Warner Music Group’s financial outlook has been a focal point for analysts. UBS has maintained a Buy rating with a price target of $41.00, noting a slight decrease in fiscal second quarter revenue projections to $1.52 billion, still marking a 2% year-over-year increase. Meanwhile, Morgan Stanley (NYSE:MS) downgraded Warner Music Group’s stock from Overweight to Equalweight, adjusting the price target to $32.00 due to a cautious outlook on the global music streaming industry. FBN Securities initiated coverage with a Sector Perform rating and a $35.00 price target, highlighting both growth opportunities and challenges in the streaming sector. Moody’s has upgraded WMG Acquisition Corp.’s corporate family rating to Ba1, citing positive trends in music streaming and operational improvements. Additionally, Warner Music Group announced the election of its board of directors and the ratification of KPMG LLP as its independent auditor for fiscal year 2025. These developments provide insight into the company’s current standing and future prospects as it navigates the evolving music industry landscape.
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