Exploring Analyst Estimates for Wix.com (WIX) Q2 Earnings, Beyond Revenue and EPS

Analysts on Wall Street project that Wix.com (WIX) will announce quarterly earnings of $1.13 per share in its forthcoming report, representing a decline of 50.4% year over year. Revenues are projected to reach $554.41 million, increasing 13.2% from the same quarter last year.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 23.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

In light of this perspective, let's dive into the average estimates of certain Wix.com metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts' assessment points toward 'Revenues- Business Solutions' reaching $164.73 million. The estimate points to a change of +14% from the year-ago quarter.

The consensus among analysts is that 'Revenues- Creative Subscriptions' will reach $390.03 million. The estimate points to a change of +12.9% from the year-ago quarter.

It is projected by analysts that the 'Total Bookings' will reach $565.44 million. Compared to the present estimate, the company reported $509.92 million in the same quarter last year.

The consensus estimate for 'Total Bookings - Creative Subscriptions' stands at $406.70 million. The estimate is in contrast to the year-ago figure of $364.87 million.

The collective assessment of analysts points to an estimated 'Total Bookings - Business Solutions' of $166.80 million. Compared to the present estimate, the company reported $145.05 million in the same quarter last year.

Analysts forecast 'Number of registered users at period end' to reach 339.85 million. Compared to the current estimate, the company reported 293.00 million in the same quarter of the previous year.

The average prediction of analysts places 'Non-GAAP Gross Profit- Business Solutions' at $53.37 million. Compared to the current estimate, the company reported $46.96 million in the same quarter of the previous year.

Analysts predict that the 'Non-GAAP Gross Profit- Creative Subscriptions' will reach $308.99 million. Compared to the present estimate, the company reported $293.93 million in the same quarter last year.

Over the past month, shares of Wix.com have returned +11.5% versus the Zacks S&P 500 composite's +0.2% change. Currently, WIX carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Insights Into Canadian Natural Resources (CNQ) Q2: Wall Street Projections for Key Metrics

The upcoming report from Canadian Natural Resources (CNQ) is expected to reveal quarterly earnings of $1.43 per share, indicating an increase of 180.4% compared to the year-ago period. Analysts forecast revenues of $9.25 billion, representing an increase of 47.2% year over year.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 14.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Canadian Natural Resources metrics that are commonly tracked and forecasted by Wall Street analysts.

The consensus estimate for 'Production Volumes, before royalties - Total Natural Gas' stands at . Compared to the current estimate, the company reported in the same quarter of the previous year.

Analysts' assessment points toward 'Production Volumes, before royalties - Total Equivalent Production' reaching 1655104 barrels of oil equivalent per day. Compared to the present estimate, the company reported 1420358 barrels of oil equivalent per day in the same quarter last year.

Analysts expect 'Production Volumes, before royalties - Total crude oil and NGL' to come in at 1221002 barrels of oil per day. The estimate is in contrast to the year-ago figure of 1019149 barrels of oil per day.

According to the collective judgment of analysts, 'Production Volumes, before royalties - Crude Oil and NGLs - North America E&P - Thermal In Situ' should come in at 279.80 thousands of barrels of oil per day. Compared to the current estimate, the company reported 274.79 thousands of barrels of oil per day in the same quarter of the previous year.

Analysts predict that the 'Production Volumes, before royalties - Crude Oil and NGLs - Oil Sands Mining and Upgrading' will reach 603.18 thousands of barrels of oil per day. Compared to the present estimate, the company reported 463.81 thousands of barrels of oil per day in the same quarter last year.

Analysts forecast 'Crude Oil and NGLs Sales Volumes - North America - NGLs' to reach 118.24 thousands of barrels of oil per day. The estimate compares to the year-ago value of 91.65 thousands of barrels of oil per day.

The collective assessment of analysts points to an estimated 'Production Volumes, before royalties - Crude Oil and NGLs - International - North Sea' of 6.25 thousands of barrels of oil per day. Compared to the current estimate, the company reported 7.76 thousands of barrels of oil per day in the same quarter of the previous year.

It is projected by analysts that the 'Production Volumes, before royalties - Natural Gas - North America' will reach 2602 thousands of cubic feet per day. Compared to the current estimate, the company reported 2398 thousands of cubic feet per day in the same quarter of the previous year.

The consensus among analysts is that 'Production Volumes, before royalties - Natural Gas - International - Offshore Africa' will reach 7 thousands of cubic feet per day. Compared to the current estimate, the company reported 6 thousands of cubic feet per day in the same quarter of the previous year.

The combined assessment of analysts suggests that 'Production Volumes, before royalties - Natural Gas - International - North Sea' will likely reach 2 thousands of cubic feet per day. Compared to the present estimate, the company reported 3 thousands of cubic feet per day in the same quarter last year.

Based on the collective assessment of analysts, 'Production Volumes, before royalties - Crude Oil and NGLs - North America E&P - Primary Heavy' should arrive at 107.98 thousands of barrels of oil per day. Compared to the current estimate, the company reported 87.29 thousands of barrels of oil per day in the same quarter of the previous year.

The average prediction of analysts places 'Production Volumes, before royalties - Crude Oil and NGLs - North America E&P - Light Crude Oil' at 78.94 thousands of barrels of oil per day. The estimate is in contrast to the year-ago figure of 49.01 thousands of barrels of oil per day.

Over the past month, shares of Canadian Natural Resources have returned +20.3% versus the Zacks S&P 500 composite's +0.2% change. Currently, CNQ carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Exploring Analyst Estimates for EOG Resources (EOG) Q2 Earnings, Beyond Revenue and EPS

Wall Street analysts forecast that EOG Resources (EOG) will report quarterly earnings of $5.10 per share in its upcoming release, pointing to a year-over-year increase of 119.8%. It is anticipated that revenues will amount to $7.95 billion, exhibiting an increase of 45.2% compared to the year-ago quarter.

Over the last 30 days, there has been a downward revision of 4.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Given this perspective, it's time to examine the average forecasts of specific EOG Resources metrics that are routinely monitored and predicted by Wall Street analysts.

Analysts forecast 'Revenues- Natural Gas Liquids' to reach $817.88 million. The estimate indicates a year-over-year change of +53.2%.

It is projected by analysts that the 'Revenues- Natural gas' will reach $801.81 million. The estimate indicates a year-over-year change of +33.6%.

The collective assessment of analysts points to an estimated 'Revenues- Gathering, Processing and Marketing' of $1.32 billion. The estimate indicates a year-over-year change of +6.2%.

The consensus estimate for 'Revenues- Crude Oil and Condensate' stands at $4.99 billion. The estimate indicates a change of +67.7% from the prior-year quarter.

The consensus among analysts is that 'Crude Oil and Condensate Volumes per day - Total' will reach 549.47 thousands of barrels of oil. Compared to the present estimate, the company reported 504.20 thousands of barrels of oil in the same quarter last year.

Based on the collective assessment of analysts, 'Natural Gas Volumes per day - Total' should arrive at . The estimate is in contrast to the year-ago figure of .

According to the collective judgment of analysts, 'Crude Oil Equivalent Volumes per day - Total' should come in at 1,396.82 thousands of barrels of oil equivalent. Compared to the present estimate, the company reported 1,134.10 thousands of barrels of oil equivalent in the same quarter last year.

Analysts' assessment points toward 'Natural Gas Liquids Volumes per day - Total' reaching 337.91 thousands of barrels of oil. Compared to the current estimate, the company reported 258.40 thousands of barrels of oil in the same quarter of the previous year.

The combined assessment of analysts suggests that 'Average Natural Gas Liquids Prices per bbl - Composite' will likely reach $26.79 . The estimate is in contrast to the year-ago figure of $22.70 .

The average prediction of analysts places 'Total Production' at 127 thousands of barrels of oil equivalent. The estimate is in contrast to the year-ago figure of 103 thousands of barrels of oil equivalent.

Analysts predict that the 'Average Crude Oil and Condensate Prices per bbl - United States' will reach $99.80 . The estimate compares to the year-ago value of $64.84 .

Analysts expect 'Average Crude Oil and Condensate Prices per bbl - Composite' to come in at $101.32 . The estimate is in contrast to the year-ago figure of $64.82 .

EOG Resources shares have witnessed a change of +13.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.2% move. With a Zacks Rank #3 (Hold), EOG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Ahead of Upstart (UPST) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Wall Street analysts expect Upstart Holdings, Inc. (UPST) to post quarterly earnings of $0.58 per share in its upcoming report, which indicates a year-over-year increase of 61.1%. Revenues are expected to be $354.89 million, up 37.9% from the year-ago quarter.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

Bearing this in mind, let's now explore the average estimates of specific Upstart metrics that are commonly monitored and projected by Wall Street analysts.

The combined assessment of analysts suggests that 'Revenue- Total interest income, interest expense, and fair value adjustments, net' will likely reach $24.80 million. The estimate points to a change of +50.2% from the year-ago quarter.

Analysts' assessment points toward 'Revenue- Revenue from fees, net' reaching $329.99 million. The estimate suggests a change of +37.1% year over year.

According to the collective judgment of analysts, 'Transaction Volume' should come in at $4.17 million. Compared to the present estimate, the company reported $2.82 million in the same quarter last year.

Over the past month, Upstart shares have recorded returns of -21.1% versus the Zacks S&P 500 composite's +0.2% change. Based on its Zacks Rank #3 (Hold), UPST will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Unveiling Energy Transfer LP (ET) Q2 Outlook: Wall Street Estimates for Key Metrics

In its upcoming report, Energy Transfer LP (ET) is predicted by Wall Street analysts to post quarterly earnings of $0.39 per share, reflecting an increase of 21.9% compared to the same period last year. Revenues are forecasted to be $31.09 billion, representing a year-over-year increase of 61.6%.

The consensus EPS estimate for the quarter has undergone an upward revision of 2.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Given this perspective, it's time to examine the average forecasts of specific Energy Transfer LP metrics that are routinely monitored and predicted by Wall Street analysts.

Based on the collective assessment of analysts, 'Midstream - Gathered volumes' should arrive at 22052 billion british thermal units per day. The estimate is in contrast to the year-ago figure of 21329 billion british thermal units per day.

According to the collective judgment of analysts, 'Midstream - NGLs produced' should come in at 1,184.63 thousands of barrels of oil per day. The estimate is in contrast to the year-ago figure of 1,181.00 thousands of barrels of oil per day.

Analysts predict that the 'Midstream - Equity NGLs' will reach 64.78 thousands of barrels of oil per day. The estimate is in contrast to the year-ago figure of 64.00 thousands of barrels of oil per day.

Analysts expect 'NGL and Refined Products Transportation and Services - NGL transportation volumes' to come in at 2,472.83 thousands of barrels of oil per day. Compared to the present estimate, the company reported 2,331.00 thousands of barrels of oil per day in the same quarter last year.

The combined assessment of analysts suggests that 'NGL and Refined Products Transportation and Services - Refined products transportation volumes' will likely reach 592.25 thousands of barrels of oil per day. Compared to the present estimate, the company reported 599.00 thousands of barrels of oil per day in the same quarter last year.

The average prediction of analysts places 'NGL and Refined Products Transportation and Services - NGL and refined products terminal volumes' at 1,782.19 thousands of barrels of oil per day. The estimate compares to the year-ago value of 1,553.00 thousands of barrels of oil per day.

The consensus estimate for 'NGL and Refined Products Transportation and Services - NGL fractionation volumes' stands at 1,241.74 thousands of barrels of oil per day. Compared to the current estimate, the company reported 1,150.00 thousands of barrels of oil per day in the same quarter of the previous year.

It is projected by analysts that the 'Adjusted EBITDA- Investment in USAC' will reach $192.43 million. The estimate compares to the year-ago value of $149.00 million.

The consensus among analysts is that 'Adjusted EBITDA- Intrastate transportation and storage' will reach $372.16 million. The estimate compares to the year-ago value of $284.00 million.

Analysts forecast 'Adjusted EBITDA- Interstate transportation and storage' to reach $474.73 million. The estimate is in contrast to the year-ago figure of $470.00 million.

Analysts' assessment points toward 'Adjusted EBITDA- Investment in Sunoco LP' reaching $844.40 million. The estimate compares to the year-ago value of $454.00 million.

The collective assessment of analysts points to an estimated 'Adjusted EBITDA- NGL and refined products transportation and services' of $1.13 billion. Compared to the current estimate, the company reported $1.03 billion in the same quarter of the previous year.

Over the past month, shares of Energy Transfer LP have returned +5.3% versus the Zacks S&P 500 composite's +0.2% change. Currently, ET carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Wall Street's Insights Into Key Metrics Ahead of BP (BP) Q2 Earnings

Analysts on Wall Street project that BP (BP) will announce quarterly earnings of $1.98 per share in its forthcoming report, representing an increase of 120% year over year. Revenues are projected to reach $67.71 billion, increasing 42% from the same quarter last year.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 10.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Given this perspective, it's time to examine the average forecasts of specific BP metrics that are routinely monitored and predicted by Wall Street analysts.

Based on the collective assessment of analysts, 'Gas & low carbon energy - Average realizations - Liquids' should arrive at 89 dollars per barrel. Compared to the current estimate, the company reported 64 dollars per barrel in the same quarter of the previous year.

The combined assessment of analysts suggests that 'Gas & low carbon energy - Average realizations - Natural gas' will likely reach 7 dollars per thousands of cubic feet. The estimate compares to the year-ago value of 7 dollars per thousands of cubic feet.

Analysts' assessment points toward 'Gas & low carbon energy - Production (net of royalties) - Liquids' reaching 76.00 thousands of barrels of oil per day. The estimate compares to the year-ago value of 85.00 thousands of barrels of oil per day.

The collective assessment of analysts points to an estimated 'Customer and products - Refinery Throughput - Total' of 1,423.55 thousands of barrels of oil per day. Compared to the present estimate, the company reported 1,288.00 thousands of barrels of oil per day in the same quarter last year.

The consensus among analysts is that 'Gas & low carbon energy - Production (net of royalties) - Natural gas' will reach 3946 thousands of cubic feet per day. The estimate compares to the year-ago value of 4043 thousands of cubic feet per day.

According to the collective judgment of analysts, 'Production (net of royalties) - Oil production & operations - Natural gas' should come in at 2267 thousands of cubic feet per day. The estimate is in contrast to the year-ago figure of 2338 thousands of cubic feet per day.

Analysts expect 'Production (net of royalties) - Oil production & operations - Liquids' to come in at 1,027.60 thousands of barrels of oil per day. Compared to the current estimate, the company reported 1,115.00 thousands of barrels of oil per day in the same quarter of the previous year.

The average prediction of analysts places 'Gas & low carbon energy - Production (net of royalties) - Total hydrocarbons' at 756.36 thousands of barrels of oil equivalent per day. Compared to the present estimate, the company reported 782.00 thousands of barrels of oil equivalent per day in the same quarter last year.

Analysts predict that the 'Production (net of royalties) - Oil production & operations - Total hydrocarbons' will reach 1,418.55 thousands of barrels of oil equivalent per day. The estimate is in contrast to the year-ago figure of 1,518.00 thousands of barrels of oil equivalent per day.

The consensus estimate for 'Oil production & operations - Average realisations - Natural gas (bp Average)' stands at 4 dollars per barrel. Compared to the present estimate, the company reported 4 dollars per barrel in the same quarter last year.

It is projected by analysts that the 'Production (net of royalties) - Oil production & operations - Natural gas - Rest of World' will reach 405 thousands of cubic feet per day. Compared to the current estimate, the company reported 390 thousands of cubic feet per day in the same quarter of the previous year.

Analysts forecast 'Production (net of royalties) - Oil production & operations - Natural gas - Europe' to reach 260 thousands of cubic feet per day. Compared to the present estimate, the company reported 257 thousands of cubic feet per day in the same quarter last year.

Over the past month, BP shares have recorded returns of +20.9% versus the Zacks S&P 500 composite's +0.2% change. Based on its Zacks Rank #3 (Hold), BP will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Ahead of Warner Bros. Discovery (WBD) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

In its upcoming report, Warner Bros. Discovery (WBD) is predicted by Wall Street analysts to post quarterly loss of -$0.13 per share, reflecting a decline of 120.6% compared to the same period last year. Revenues are forecasted to be $9.29 billion, representing a year-over-year decrease of 5.3%.

The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

In light of this perspective, let's dive into the average estimates of certain Warner Bros. Discovery metrics that are commonly tracked and forecasted by Wall Street analysts.

The collective assessment of analysts points to an estimated 'Revenues- Global Linear Networks' of $4.19 billion. The estimate indicates a year-over-year change of -12.8%.

The consensus among analysts is that 'Revenues- Studios' will reach $3.04 billion. The estimate indicates a change of -19.9% from the prior-year quarter.

The combined assessment of analysts suggests that 'Revenues- Streaming' will likely reach $3.08 billion. The estimate points to a change of +10.3% from the year-ago quarter.

The average prediction of analysts places 'Revenues- Content' at $2.38 billion. The estimate points to a change of -3.9% from the year-ago quarter.

Based on the collective assessment of analysts, 'Revenues- Distribution' should arrive at $5.01 billion. The estimate suggests a change of +2.5% year over year.

Analysts predict that the 'Revenues- Other' will reach $301.79 million. The estimate indicates a change of +25.7% from the prior-year quarter.

It is projected by analysts that the 'Revenues- Advertising' will reach $1.90 billion. The estimate indicates a change of -14.1% from the prior-year quarter.

Analysts forecast 'Revenues- Advertising- Global Linear Networks' to reach $1.53 billion. The estimate indicates a year-over-year change of -21.6%.

According to the collective judgment of analysts, 'Revenues- Distribution- Global Linear Networks' should come in at $2.29 billion. The estimate indicates a change of -7.5% from the prior-year quarter.

Analysts' assessment points toward 'Revenues- Content- Global Linear Networks' reaching $236.48 million. The estimate indicates a year-over-year change of -17.6%.

The consensus estimate for 'Revenues- Other- Global Linear Networks' stands at $84.29 million. The estimate suggests a change of -2% year over year.

Analysts expect 'Revenues- Advertising- Streaming' to come in at $308.52 million. The estimate indicates a year-over-year change of +9.4%.

Warner Bros. Discovery shares have witnessed a change of -0.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.2% move. With a Zacks Rank #5 (Strong Sell), WBD is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research