(RTTNews) -
Warner Music Group Corp. (WMG:
News ) reported fourth quarter net loss of $18 million or $0.12 per share, compared to net income of $6 million or $0.04 per share last year.
On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.05 per share. Analysts' estimates typically exclude special items.
Revenues grew to $861 million from $854 million in the same quarter last year.
Four analysts estimated revenues of $820.29 million.
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by RTT Staff Writer
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