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World Wrestling Entertainment, Inc.

WWE

Latest Trade

52.08USD

Change

1.25(+2.46%)

Volume

1,351,513

Today's Range

51.77

 - 

53.38

52 Week Range

29.10

 - 

63.26

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

World Wrestling Entertainment Posts Q3 EPS $0.57

Oct 29 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® REPORTS STRONG THIRD QUARTER 2020 RESULTS.Q3 EARNINGS PER SHARE $0.57.Q3 REVENUE $221.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $222.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.39 -- REFINITIV IBES DATA.Q3 ADJUSTED EARNINGS PER SHARE $0.56 EXCLUDING ITEMS.NOT REINSTATING GUIDANCE AT THIS TIME.WORLD WRESTLING ENTERTAINMENT - QTRLY WWE NETWORK AVERAGE PAID SUBSCRIBERS WERE 1.6 MILLION, AN INCREASE OF 6%.ANTICIPATES $40 - $45 MILLION IN INCREMENTAL Q4 EXPENSES (4Q20 VERSUS. 3Q20).CURRENTLY DEVELOPING ITS 2021 ANNUAL OPERATING AND STRATEGIC PLANS.REMAINS CHALLENGING TO QUANTIFY POTENTIAL IMPACT OF COVID-19 ON ITS BUSINESS.

World Wrestling Entertainment Q2 Earnings Per Share $0.52

July 30 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® REPORTS STRONG SECOND QUARTER 2020 RESULTS DRIVEN BY SUSTAINED COST SAVINGS.Q2 EARNINGS PER SHARE $0.52.Q2 REVENUE $223.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $228.4 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.14 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE $0.45 EXCLUDING ITEMS.CONTINUES TO BELIEVE COMPANY'S GROWTH PROSPECTS REMAIN STRONG.MAY RESUME $500 MILLION SHARE REPURCHASE PROGRAM, WHICH WAS TEMPORARILY SUSPENDED IN APRIL 2020.NOT REINSTATING GUIDANCE AT THIS TIME.NOW ESTIMATES TOTAL CAPITAL EXPENDITURES OF $40 - $50 MILLION FOR YEAR.EVALUATING PERSONNEL REQUIREMENTS, POTENTIAL INVESTMENTS TO SUPPORT LONG-TERM GROWTH STRATEGY.

World Wrestling Entertainment Declares Regular Quarterly Dividend Of $0.12 Per Shr

July 16 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WORLD WRESTLING ENTERTAINMENT INC - DECLARED REGULAR QUARTERLY DIVIDEND OF $0.12 PER SHARE FOR ALL CLASS A AND B SHARES.

WWE Names Kristina Salen Chief Financial Officer

July 7 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® NAMES KRISTINA SALEN CHIEF FINANCIAL OFFICER.WORLD WRESTLING ENTERTAINMENT - APPOINTMENT OF KRISTINA SALEN AS CFO EFFECTIVE AUGUST 3, 2020.

World Wrestling Entertainment Says Q1 Financial Performance Was Largely Unimpacted By COVID-19 Outbreak

April 23 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® REPORTS STRONG FIRST QUARTER 2020 RESULTS.Q1 EARNINGS PER SHARE $0.31.Q1 REVENUE $291 MILLION VERSUS REFINITIV IBES ESTIMATE OF $266.5 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.25 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.41 EXCLUDING ITEMS.REDUCING 2020 CAPITAL EXPENDITURES BY $140 MILLION.WORLD WRESTLING ENTERTAINMENT - TEMPORARILY SUSPENDED REPURCHASE OF STOCK UNDER ITS $500 MILLION PROGRAM.DREW $200 MILLION FROM ITS REVOLVING CREDIT FACILITY AFTER QUARTER-END.DEFERRED SPENDING ON COMPANY'S NEW HEADQUARTERS.Q1 FINANCIAL PERFORMANCE WAS LARGELY UNIMPACTED BY COVID-19 OUTBREAK.FOR 2020, COMPANY NOW ESTIMATES TOTAL CAPITAL EXPENDITURES OF $40 - $50 MILLION.WORLD WRESTLING ENTERTAINMENT - REMAINS UNABLE TO QUANTIFY POTENTIAL IMPACT OF COVID-19 ON BUSINESS, BUT FINANCIAL IMPACT TO CO MAY BE MATERIAL.WORLD WRESTLING ENTERTAINMENT - CO IS NOT REINSTATING GUIDANCE AT THIS TIME.POTENTIAL IMPACT OF COVID-19 MAY NOT BE LIMITED TO SALE OF LIVE EVENT TICKETS & MERCHANDISE.POTENTIAL IMPACT OF COVID-19 ON OTHER AREAS OF OPERATION ARE NOT KNOWN AT THIS TIME.PRECAUTIONARY MEASURES INCLUDED REDUCING EXECUTIVE & BOARD MEMBER COMPENSATION, DECREASING OPERATING EXPENSE.PRECAUTIONARY MEASURES INCLUDED CUTTING THIRD PARTY STAFFING, REDUCTION OF HEADCOUNT BY WAY OF FURLOUGH.

WWE Inc Sets Regular Quarterly Dividend Of $0.12 Per Share

April 16 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::SETS REGULAR QUARTERLY DIVIDEND OF $0.12PER SHARE.

WWE Provides Covid-19 Business Update

April 15 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® PROVIDES COVID-19 BUSINESS UPDATE.REDUCING EXECUTIVE AND BOARD MEMBER COMPENSATION.DECREASING OPERATING EXPENSES.DEFERRING SPEND ON BUILD OUT OF COMPANY'S NEW HEADQUARTERS FOR AT LEAST SIX MONTHS.CUTTING TALENT EXPENSES, THIRD PARTY STAFFING AND CONSULTING.CURRENTLY BELIEVES FURLOUGH WILL BE TEMPORARY IN NATURE.IDENTIFIED HEADCOUNT REDUCTIONS AND MADE DECISION TO FURLOUGH A PORTION OF ITS WORKFORCE EFFECTIVE IMMEDIATELY.REDUCTIONS OF EMPLOYEE COMPENSATION AND HEADCOUNT RESULT IN AN ESTIMATED MONTHLY SAVINGS OF $4 MILLION.HAS SUBSTANTIAL FINANCIAL RESOURCES, BOTH AVAILABLE CASH & DEBT CAPACITY, CURRENTLY TOTAL ABOUT $0.5 BILLION, TO MANAGE CHALLENGES AHEAD.

World Wrestling Withdraws 2020 Guidance Due To Uncertainty Over Financial Impact Of COVID-19

March 12 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® STATEMENT ON POTENTIAL IMPACT OF COVID-19.WORLD WRESTLING ENTERTAINMENT - HAS SUBSTANTIAL FINANCIAL RESOURCES, BOTH AVAILABLE CASH AND DEBT CAPACITY, TO MANAGE CHALLENGES AHEAD.WORLD WRESTLING ENTERTAINMENT - WITHDRAWING PREVIOUSLY ANNOUNCED Q1 AND FY 2020 GUIDANCE DUE TO INCREASED UNCERTAINTY OF FINANCIAL IMPACT OF COVID-19.WORLD WRESTLING ENTERTAINMENT INC - POTENTIAL IMPACT OF COVID-19 MAY ADVERSELY IMPACT COMPANY'S BUSINESS.WORLD WRESTLING ENTERTAINMENT - CURRENTLY UNABLE TO QUANTIFY POTENTIAL FINANCIAL IMPACT OF COVID-19, BUT FINANCIAL IMPACT TO COMPANY MAY BE MATERIAL.WORLD WRESTLING ENTERTAINMENT - BELIEVE CO IS WELL POSITIONED TO TAKE ADVANTAGE OF CHANGING MEDIA LANDSCAPE, INCREASING VALUE OF LIVE SPORTS RIGHTS.

World Wrestling Entertainment And Mars Inc Announce Expansion Of Partnership For 2020

March 9 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WORLD WRESTLING ENTERTAINMENT - MARS, INCORPORATED & CO ANNOUNCED EXPANSION OF PARTNERSHIP FOR 2020.

WWE Announces Management Transition

Jan 30 (Reuters) - World Wrestling Entertainment Inc <WWE.N>::WWE® ANNOUNCES MANAGEMENT TRANSITION.CO-PRESIDENTS GEORGE BARRIOS AND MICHELLE WILSON WILL DEPART COMPANY, EFFECTIVE IMMEDIATELY.FRANK A. RIDDICK III HAS BEEN NAMED INTERIM CHIEF FINANCIAL OFFICER.COMPANY EXPECTS ITS FULL YEAR 2019 ADJUSTED OIBDA TO BE APPROXIMATELY $180 MILLION..WWE HAS COMMENCED A SEARCH FOR BOTH A PERMANENT CHIEF FINANCIAL OFFICER AND CHIEF REVENUE OFFICER.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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