World Wrestling Entertainment's Disappointing Earnings Guidance Is Bad News for Its Dividend

World Wrestling Entertainment (WWE) dropped 7% Monday due to earnings guidance well below expectations (see earnings projections here). It said earnings will be between $.08 and $.10 a share on Feb. 10, much less than analysts' expectations of $.16 a share. Originally, the stock had dropped over 14%, but then quickly recovered half its losses.... Read more

Older articles featuring WWE: