That said, WWE might still continue to disclose subscriber counts for its international markets, as it has in the past. I would be mildly surprised if WWE is able to quantify any information related to the performance of WWE content on Peacock going forward. How do investors measure success for WWE on Peacock? Nick Khan said in a recent interview (before Wrestlemania) that the Fastlane pay-per-view, the first monthly peak event on Peacock was a success, but that NBCUniversal had asked WWE not to disclose numbers. Measuring WWE Network success going forward subscriptions for the final days of domestic version of the Network. The Network segment might also be affected by cancellations of U.S. It’s important to remember Peacock launched WWE Network content on March 18, with just under two weeks remaining in the reporting period, so Peacock payments might be prorated into only a small fraction of the quarter. And then in 2022, you’ll have the regular revenue recognition of the ongoing deal.ĭetails reported or other new guidance related to the WWE Network segment might shed some light on how the company was compensated by NBCUniversal for the Network content in Q1. Salen said:Ģ021 will be the biggest year in the deal from an incremental revenue and adjusted OIBDA perspective, because upon delivery of the deal, so to speak, upon the onset, we have to value the subscribers that we’re transferring over and we have to value any IP that we’re transferring over. On the last earnings call, in February, CFO Kristina Salen indicated 2021 would be the biggest revenue year in the five-year lifetime of the new Peacock deal. Here are a few subjects and questions that might be addressed in the earnings report or that stock analysts might ask about in the Q&A session on the conference call.
Categories shaded in pink are profit metrics. The market will be closed for trading for the day, but WWE’s stock price might move accordingly if WWE reports figures lower or higher than those estimates.įor the quarter, my estimates are $231.5 million in revenue, an EPS of $0.20, operating income of $31.2 million, and net income of $16.9 million.Ĭells shaded in green for Q4 assume there is a major event held in Saudi Arabia during that period. The consensus revenue estimate is $257.5 million. That implies an expectation of about $18 million in net income. The average stock analyst covering WWE estimates the company will report an earnings per share ratio of $0.22 for Q1, according to Seeking Alpha. Earnings for that period will come out in the next quarterly report, in July or August. Information related to ticket or merchandise sales for Wrestlemania would be included in reporting for Q2 (April 1 to June 30).
The two-day event generated $6.2 million in ticket revenue, according to records we obtained through the Tampa Sports Authority. Keep in mind Wrestlemania happened in April, so details related to those events may be limited. Video and audio will also be available for patrons on-demand afterward. A conference call will be streamed live at 5pm ET on WWE’s corporate website with comments from CEO Vince McMahon, president and chief revenue officer Nick Khan, chief financial officer Kristina Salen, and chief brand officer Stephanie McMahon.Īt 8pm ET tonight I’ll do a livestream review of the WWE earnings report exclusively for patrons at /wrestlenomics. Financial details will be disclosed covering the period of January 1 to March 31.Īn earnings report and other documents are expected to be released soon after the market closes at 4pm ET. WWE releases its first quarter 2021 earnings today.
0 kommentar(er)
