WWE’s Quarterly Earning Call Takes Place Today; Wall Street Gives Its Predictions
Photo Credit: Getty, Vince McMahon attends WWE Superstars for Sandy Relief at Cipriani, Wall Street on April 4, 2013 in New York City.
WWE should have one very unique earnings call for its shareholders today as the company will be discussing its first quarter numbers that did happen to feel the effects of the COVID-19 pandemic in the month of March. Unlike their previous calls, this particular one for the first quarter will take place at 5:00 PM EST which so happens to be after the stock market closes for the day.
According to Wall Street, the total revenue expected for the company is $264,630,000 and the profit they’re expecting is $19,300,000. Wall Street says if WWE meets these numbers for this quarter the company’s stock shouldn’t drop, but if they don’t it will. (h/t to Dave Meltzer of The Wrestling Observer)