Warner Bros. Discovery Stumbles In Q2 As ‘Supergirl,’ Lack Of NBA Drag Down Results

Warner Bros. Discovery fell short of Wall Street expectations in the second quarter, as Supergirl and the lack of the NBA dragged total revenue down 11% to $8.7 billion. Analysts had projected $9.2 billion in revenue. Diluted earnings per share of 6 cents topped estimates of a loss of 10 cents a share. The company…