World Wrestling Entertainment, Inc. (WWE) - NYSE
  • Thu, Jul. 21, 1:11 PM
    • World Wrestling Entertainment (NYSE:WWE) declares $0.12/share quarterly dividend, in line with previous.
    • Forward yield 2.38%
    • Payable Sept. 26; for shareholders of record Sept. 15; ex-div Sept. 13.
    | Thu, Jul. 21, 1:11 PM
  • Tue, May 10, 9:27 AM
    • World Wresting Entertainment (NYSE:WWE) has picked up 3.2% premarket after it beat on top and bottom lines with its Q1 earnings report and saw operating income growth coming in the second half.
    • Revenue rose 13% on a pro forma basis (WrestleMania occurred in Q2 this year, vs. Q1 last year), while OIBDA was up 31% and up 29% on pro forma basis.
    • Revenues by segment: In Media Division, Network, $40.3M (up 7.2%); Television, $60.7M (up 4.3%); Home Entertainment, $3.3M (down 29.8%); Digital Media, $5.4M (up 27.9%); Live Events, $25.3M (down 35.6%). In Consumer Products, Licensing, $21M (up 27.3%); Venue Merchandise, $5.5M (down 34.5%); WWEShop, $6.8M (up 28.3%); WWE Studios, $2M (up 33%).
    • The WWE Network averaged 1.29M paid subs (up 39%) in growing to 1.47M subs at Q1's end. And it hit a record 1.82M total subs after WrestleMania (again, in Q2 this year). Content drew 10B YouTube views over the past 12 months, the company says.
    • It's guiding to average paid subs of 1.5M in Q2, and adjusted OIBDA of about $5M-$9M.
    • Conference call to come at 11 a.m. ET.
    • Press Release
    | Tue, May 10, 9:27 AM
  • Tue, May 10, 8:33 AM
    • World Wrestling Entertainment (NYSE:WWE): Q1 EPS of $0.18 beats by $0.08.
    • Revenue of $171.1M (-2.9% Y/Y) beats by $0.47M.
    • Press Release
    | Tue, May 10, 8:33 AM | 5 Comments
  • Mon, May 9, 5:30 PM
  • Thu, Apr. 21, 3:34 PM
    • World Wrestling Entertainment (NYSE:WWE) declares $0.12/share quarterly dividend, in line with previous.
    • Forward yield 2.9%
    • Payable June 27; for shareholders of record June 15; ex-div June 13.
    | Thu, Apr. 21, 3:34 PM
  • Mon, Apr. 4, 10:20 AM
    • Is it the golden age for wrestling again? WrestleMania 32 became the highest-grossing live event for World Wrestling Entertainment (WWE +3%) and set an attendance record last night, drawing 101,763 to surpass a mark of 93,173 set in 1987 with WrestleMania 3.
    • A near five-hour show that had been criticized in the lead-up for featuring storylines from part-time (and older) wrestlers put a couple of surprises in, including a match that featured popular legacy wrestler Dwayne "The Rock" Johnson and a returning John Cena.
    • The event, in Arlington, Texas, became the highest-grossing live event ever for WWE, drawing $17.3M and easily surpassing last year's previous record of $12.6M.
    • A rash of injuries had weakened the annual event's card this year.
    • Heading into the weekend event, Macquarie reiterated its hold rating on the stock and price target of $18, while Pacific Crest had launched coverage at Overweight with a $22 (which holds 23% upside from today's raised price).
    • Now read Demystifying WWE's Business »
    | Mon, Apr. 4, 10:20 AM | 9 Comments
  • Thu, Mar. 31, 1:32 PM
    • Ahead of its flagship event on Sunday, WrestleMania 32, World Wresting Entertainment (NYSE:WWE) is trading 1.5% lower, and Macquarie is expressing concerns about the stock.
    • One is subscribers. The WWE Network launched in the UK in January 2015, adding a number of international subs, but "We were never given a subscriber number at January's Royal Rumble," says Macquarie's James Clement. "If this figure was favorable, we have a feeling it would have been disclosed."
    • In addition, not only might WrestleMania be weak on storylines -- four of six superstars in the big matches aren't full-time wrestlers -- it's competing on a tough sports weekend, with the NCAA Final Four and championship game, and MLB's Opening Day. "There may well be a limit to the number of hours WWE's target demographic is able to spend in front of the TV screen without irritating their parents, spouses or significant others," Clement says.
    • Now read Demystifying WWE's Business »
    | Thu, Mar. 31, 1:32 PM | 5 Comments
  • Thu, Feb. 11, 9:42 AM
    • World Wrestling Entertainment (NYSE:WWE) is up 1% after it boosted revenue 18% and grew subscribers for its over-the-top service during its Q4, where it beat profit expectations.
    • Revenue by segment: Media Division, $106.6M (up 19.1%); Live Events, $32.9M (up 22.3%); Consumer Products Division, $24M (up 17.6%); WWE Studios, $1.8M (down 38%).
    • The WWE Network ended the quarter with 1.22M paid subscribers and touched 1.24M in the quarter, up 72% Y/Y. WWE premiered more than 85 hours of original content and has built its on-demand library to more than 4,300 hours.
    • For Q1 it's projecting average paid subs of 1.28M, about a 38% gain from the prior year. It notes WrestleMania will happen on April 3 (second quarter) compared to last year's first-quarter event. It sees adjusted OIBDA of $15M-$19M.
    • Conference call to come at 11 a.m. ET.
    • Press Release
    | Thu, Feb. 11, 9:42 AM
  • Thu, Feb. 11, 8:33 AM
    • World Wrestling Entertainment (NYSE:WWE): Q4 EPS of $0.04 beats by $0.04.
    • Revenue of $166.2M (+18.3% Y/Y) beats by $4.93M.
    • Press Release
    | Thu, Feb. 11, 8:33 AM
  • Wed, Feb. 10, 5:30 PM
    | Wed, Feb. 10, 5:30 PM | 29 Comments
  • Thu, Feb. 4, 2:51 PM
    • World Wrestling Entertainment (NYSE:WWE) declares $0.12/share quarterly dividend, in line with previous.
    • Forward yield 2.88%
    • Payable March 25; for shareholders of record March 15; ex-div March 11.
    | Thu, Feb. 4, 2:51 PM | 2 Comments
  • Thu, Jan. 28, 10:32 AM
    • Take-Two Interactive (TTWO -1.3%) and WWE (WWE +2.3%) have set a multi-year extension on their deal covering WWE's pro wrestling video games, popular titles that are among the biggest contributors to Take-Two revenue.
    • The WWE 2K series will continue after the most recent WWE 2K16 entry, and 2K Games will continue to invest in its card-battling game WWE SuperCard, which originally launched in August 2014.
    • Terms of the deal weren't disclosed. WWE 2K16 launched in October on PS3 and PS4 systems and Xbox 360 and Xbox One; WWE SuperCard, for iOS/Android, has been downloaded more than 9M times.
    | Thu, Jan. 28, 10:32 AM | 1 Comment
  • Thu, Jan. 14, 10:31 AM
    • World Wrestling Entertainment (WWE +3.4%) is holding on to gains after being added to the S&P SmallCap 600.
    • Looking ahead, some analysts think the company has been lowballing subscriber growth guidance which sets it up for a Q4 earnings surprise.
    • Previously: EXR, USCR, WWE up in late trading on S&P index changes (Jan. 13 2016)
    | Thu, Jan. 14, 10:31 AM | 6 Comments
  • Wed, Jan. 13, 5:54 PM
    • Self-storage REIT Extra Space Storage (NYSE:EXR) is up 2% after hours as it's set to join the S&P 500 after the close of trading Friday.
    • The company is replacing Chubb (CB -0.7%), which is being acquired by ACE Ltd. (already in S&P 500) in a deal expected to close tomorrow. Ace will change its name to Chubb and take over the CB ticker symbol after that closure.
    • EPR Properties (NYSE:EPR) will replace Extra Space Storage in the S&P MidCap 400, and U.S. Concrete (NASDAQ:USCR) is replacing EPR in the SmallCap 600 after Friday's close. USCR is up 4.1% after hours.
    • With Wausau Paper (NYSE:WPP) set to be acquired by SCA around Jan. 20, World Wrestling Entertainment (NYSE:WWE), up 4.1% after hours, is replacing Wausau in the SmallCap 600 after the close that day.
    | Wed, Jan. 13, 5:54 PM
  • Dec. 3, 2015, 12:23 PM
    • Ratings have tumbled for key World Wrestling Entertainment (WWE -0.1%) shows WWE Raw and Smackdown over recent months, according to industry tracking.
    • Though a decline was expected with the WWE offering a streaming service, the quality of recent content has also been questioned by wrestling fans.
    • Videogamer.com called recent shows an "aimless slog," while the New York Post asks if the network is down for the count.
    • SA contibutor Wayne Duggan explains why the ratings slide may not be that critical to shareholders.
    | Dec. 3, 2015, 12:23 PM | 2 Comments
  • Oct. 29, 2015, 8:35 AM
    • World Wrestling Entertainment (NYSE:WWE): Q3 EPS of $0.14 beats by $0.05.
    • Revenue of $166.2M (+38.3% Y/Y) beats by $14.32M.
    | Oct. 29, 2015, 8:35 AM | 12 Comments
Company Description
World Wrestling Entertainment, Inc. is an integrated media and entertainment company, which is principally engaged in the development, production and marketing of television and pay-per-view event programming and live events and the licensing and sale of consumer products featuring its brands.... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States