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Warner Music Group beats by $0.04, reports revs in-line (32.85) Reports Q4 (Sep) earnings of $0.29 per share, $0.04 better than the FactSet Consensus of $0.25; revenues rose 5.9% year/year to $1.59 bln vs the $1.57 bln FactSet Consensus. Operating income was $212 million compared to $163 million in the prior-year quarter. OIBDA was $291 million, compared to $245 million in the prior-year quarter, an increase of 18.8% (or 16.9% in constant currency), and OIBDA margin increased 1.9 percentage points to 18.3% from 16.4% in the prior-year quarter (the same in constant currency).

Warner Music Group beats by $0.04, reports revs in-line (32.85)

Reports Q4 (Sep) earnings of $0.29 per share, $0.04 better than the FactSet Consensus of $0.25; revenues rose 5.9% year/year to $1.59 bln vs the $1.57 bln FactSet Consensus.
Operating income was $212 million compared to $163 million in the prior-year quarter. OIBDA was $291 million, compared to $245 million in the prior-year quarter, an increase of 18.8% (or 16.9% in constant currency), and OIBDA margin increased 1.9 percentage points to 18.3% from 16.4% in the prior-year quarter (the same in constant currency).