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Manufacturers Life Insurance Company Cuts Warner Bros. Discovery Stake; EPS Miss

Manulife Financial logoManulife Financial
Sig1.58Sen-5.20Env0.00Soc0.00Gov0.00
Warner Bros. Discovery logoWarner Bros. Discovery
Sig1.70Sen-3.40Env0.00Soc0.00Gov0.00

Manufacturers Life Insurance Company cut its Warner Bros. Discovery holdings by 206,442 shares, leaving 1,226,839 shares after the quarter. Results showed EPS of -1.17 versus -0.10 consensus, missing estimates by -1.07. The fourth quarter also reflected a 16.4% change, alongside mixed analyst moves including an upgrade and a Weiss downgrade.

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