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| Topic | Would it be a good idea to buy/watch the WWE stock tomorrow? |
| Bad_Mojo 08/16/22 1:03:27 PM #8: | WWE announced the companys second quarter 2022 results earlier today. Per the results, WWE announced a 24% increase in revenue from the 2022 first quarter for a total of $328.2 million, thanks to WrestleMania 38. Operating Income for Q2 was $69.3 million, which saw an increase of 34%. Returned capital to shareholders totaling $19.1 million, including share repurchases and dividends paid Revenue was $328.2 million, an increase of 24%; Operating Income was $69.3 million, an increase of 50%; and Adjusted OIBDA was $91.5 million, an increase of 34% Returned capital to shareholders totaling $19.1 million, including share repurchases and dividends paid In February, the Company issued Adjusted OIBDA guidance of $360 $375 million for the full year 2022. Based on outperformance through the first six months of the year as well as managements current expectations for the second half of the year, the Company is raising its guidance and now expects full year 2022 Adjusted OIBDA within a range of $370 $385 million Return of Capital to Shareholders The Company returned $19.1 million to shareholders in the second quarter of 2022, consisting of $10.0 million in share repurchases and $9.1 million in dividends paid. Approximately 170,000 shares were repurchased at an average price of $58.70 per share during the second quarter. As of June 30, 2022, the Company had $210.9 million available under its existing $500 million stock repurchase authorization. --- https://i.imgtc.com/hQ5SuG6.gif https://i.imgtc.com/QrhAq36.gif https://i.imgtc.com/Yjov9DU.gif ... Copied to Clipboard! |
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