
WWE
WWE stock sunk sub-$40 per share in premarket trading Thursday, following the pro-wrestling company’s release of Q4 and full-year 2019 financials. When the U.S. market opened at 9:30 a.m. ET, WWE stock was at $40.24 per share.
That’s down 18% from the $49 per share the company’s stock closed at Wednesday afternoon, which had been up $1.64 from where it opened that morning.
It’s been a rough week for WWE stock, which has gone as high as $100 per share in the past year.
Also Read: WWE Exceeds Q4 Earnings Estimates, but WWE Network Subs Sink 10%
Last Thursday, the company parted ways with co-presidents George Barrios and Michelle Wilson and shareholders panicked, with stock plummeting 20% in after-hours trading. At that time, shares were selling for less than $50 apiece — just four days after WWE’s Royal Rumble pay-per-view event.
Before the stock market opened this morning, WWE reported it beat fourth-quarter 2019 earnings estimates but missed on revenue expectations, despite reaching a record high thanks to its big “SmackDown” on Fox deal.
Wall Street forecast earnings per share (EPS) of 73 cents on $333.28 million in revenue, according to a consensus estimate compiled by Yahoo Finance. WWE actually reported EPS of 78 cents on $322.8 million in revenue for Q4 — an 18% increase in revenue over the prior year’s comparable quarter — which is the highest quarterly revenue in the company’s history.
Also Read: Is WWE About to Tap Out? Wrestlenomics Analyst Brandon Thurston Talks Stock Crash, Q4 Earnings
During Q4, WWE Network’s average paid subscribers dropped 10% to 1.42 million. That’s slightly lower than the company’s 1.43 million subscriber projection.
Fewer live events led to a decline in North American ticket sales, though there was a slight bump in international sales, primarily due to the increased average ticket price for those events. Consumer products also declined as video game “WWE 2K20” was very poorly received.
“During the fourth quarter, we expanded the reach of WWE’s live programming and further engaged with diverse audiences across platforms and formats,” WWE chairman and CEO Vince McMahon said in a statement Thursday. “We believe the value of live sports will continue to increase, particularly in today’s evolving media landscape, and we are well positioned to take advantage of this trend to maximize the value of our content.”
Also Read: Is WWE About to Tap Out? Wrestlenomics Analyst Brandon Thurston Talks Stock Crash, Q4 Earnings
Frank Riddick, WWE’s interim chief financial officer, added: “For the year, we achieved record revenue and Adjusted OIBDA. However, with the delay in completing a Middle East distribution agreement as well as lower business performance than anticipated, our results were at the low-end of guidance. As we work to strengthen engagement in 2020, we are pursuing several strategic initiatives that could increase the monetization of our content, including the distribution of content in the Middle East and India as well as strategic alternatives for our direct-to-consumer service, WWE Network. Excluding the potential impact of these initiatives, we expect significant revenue growth based on the full year impact of our new content distribution agreements in the U.S. and anticipate Adjusted OIBDA of $250 to $300 million. Management believes it has the potential to exceed this range, but is unable to provide additional guidance at this time.”
McMahon and other WWE executives will host a conference call at 11 a.m. ET to discuss the quarter and full year in greater detail.
Winter TV 2020: Premiere Dates for New and Returning Shows (Photos)
-
ABC/AMC/NBC/Netflix
Winter is well underway and with it, naturally, comes the Winter TV season. In honor of the colder months and their small-screen offerings, TheWrap has rounded up the premiere dates for not just the new and returning shows on Fox, ABC, NBC, CBS and The CW, but also the ones for the eagerly anticipated series hitting cable channels and streaming services this winter. Click through our gallery to find out when your favorite winter shows will be back and when your possible new favorites will debut.
Also Read: Why Netflix Is Betting You’ll Want ‘The Witcher’ Season 2 – Before You’ve Seen Season 1
-
Netflix
Series: "Dracula" Net: Netflix Premiere Date: Saturday, Jan. 4 Time: N/A
-
TLC
Series: "Say Yes to the Dress: America" Net: TLC Premiere Date: Saturday, Jan. 4 Time: 8 p.m.
-
TLC
Series: "Sister Wives" Net: TLC Premiere Date: Sunday, Jan. 5 Time: 8 p.m.
-
Discovery Channel
Series: "Naked and Afraid: Alone" Net: Discovery Channel Premiere Date: Sunday, Jan. 5 Time: 10 p.m.
-
NBC
Series: "America's Got Talent: The Champions" Net: NBC Premiere Date: Monday, Jan. 6 Time: 8 p.m.
-
ABC
Series: "The Bachelor" Net: ABC Premiere Date: Monday, Jan. 6 Time: 8 p.m.
-
VH1
Series: "Love & Hip Hop: Miami" Net: VH1 Premiere Date: Monday, Jan. 6 Time: 9 p.m.
-
NBC
Series: "Manifest" Net: NBC Premiere Date: Monday, Jan. 6 Time: 10 p.m.
-
NBC
Series: "Ellen's Game of Games" Net: NBC Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
-
ABC
Series: "Jeopardy: The Greatest of All Time" Net: ABC Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
-
VH1
Series: "Nick Cannon Presents: Wild N' Out" Net: VH1 Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
-
Fox
Series: "Gordon Ramsay's 24 Hours to Hell and Back" Net: Fox Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
-
OWN
Series: "The Haves and the Have Nots" Net: OWN Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
-
Pop TV
Series: "Schitt's Creek" Net: Pop TV Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
-
Bravo
Series: "Vanderpump Rules" Net: Bravo Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
-
CBS
Series: "FBI: Most Wanted" Net: CBS Premiere Date: Tuesday, Jan. 7 Time: 10 p.m.
-
NBC
Series: "Zoey's Extraordinary Playlist" Net: NBC Premiere Date: Tuesday, Jan. 7 Time: 10 p.m.
-
Netflix
Series: "Cheer" Net: Netflix Premiere Date: Wednesday, Jan. 8 Time: N/A
-
CBS
Series: "Undercover Boss" Net: CBS Premiere Date: Wednesday, Jan. 8 Time: 8 p.m.
-
MTV
Series: "Catfish: The TV Show" Net: MTV Premiere Date: Wednesday, Jan. 8 Time: 8 p.m.
-
CBS
Series: "Criminal Minds" Net: CBS Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
-
A&E
Series: "America's Top Dog" Net: A&E Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
-
Freeform
Series: "Party of Five" Net: Freeform Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
-
Netflix
Series: "Medical Police" Net: Netflix Premiere Date: Friday, Jan. 10 Time: N/A
-
Netflix
Series: "AJ & The Queen" Net: Netflix Premiere Date: Friday, Jan. 10 Time: N/A
-
NBC
Series: "Lincoln Rhyme: Hunt for the Bone Collector" Net: NBC Premiere Date: Friday, Jan. 10 Time: 8 p.m.
-
HBO
Series: "The Outsider" Net: HBO Premiere Date: Sunday, Jan. 12 Time: 9 p.m.
-
HBO
Series: "The New Pope" Net: HBO Premiere Date: Monday, Jan. 13 Time: 9 p.m.
-
Netflix
Series: "Grace & Frankie" Net: Netflix Premiere Date: Wednesday, Jan. 15 Time: N/A
-
Syfy
Series: "The Magicians" Net: Syfy Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
-
Paramount Network
Series: "68 Whiskey" Net: Paramount Network Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
-
CNBC
Series: "Listing Impossible" Net: CNBC Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
-
Netflix
Series: "Killer Inside: The Mind of Aaron Hernandez" Net: Netflix Premiere Date: Wednesday, Jan. 15 Time: N/A
-
Freeform
Series: "Grown-ish" Net: Freeform Premiere Date: Thursday, Jan. 16 Time: 8 p.m.
-
Freeform
Series: "Everything's Gonna Be Okay" Net: Freeform Premiere Date: Thursday, Jan. 16 Time: 8:30 p.m.
-
Apple TV+
Series: "Little America" Net: Apple TV+ Premiere Date: Friday, Jan. 17 Time: N/A
-
Disney+
Series: "Diary of a Future President" Net: Disney+ Premiere Date: Friday, Jan. 17 Time: N/A
-
Netflix
Series: "Sex Education" Net: Netflix Premiere Date: Friday, Jan. 17 Time: N/A
-
BBC America
Series: "Seven Worlds, One Planet" Net: BBC America Premiere Date: Saturday, Jan. 18 Time: 9 p.m.
-
HBO
Series: "Avenue 5" Net: HBO Premiere Date: Sunday, Jan. 19 Time: 10 p.m.
-
Fox
Series: "9-1-1: Lone Star" Net: Fox Premiere Date: Sunday, Jan. 19 Time: 10 p.m.
-
HBO
Series: "Curb Your Enthusiasm" Net: HBO Premiere Date: Sunday, Jan. 19 Time: 10:30 p.m.
-
Nat Geo
Series: "Brain Games" Net: Nat Geo Premiere Date: Monday, Jan. 20 Time: 9 p.m.
-
HGTV
Series: "Home Town" Net: HGTV Premiere Date: Monday, Jan. 20 Time: 9 p.m.
-
The CW
Series: "DC's Legends of Tomorrow" Net: The CW Premiere Date: Tuesday, Jan. 21 Time: 9 p.m.
-
History
Series: "Project Blue Book" Net: History Channel Premiere Date: Tuesday, Jan. 21 Time: 10 p.m.
-
Comedy Central
Series: "Awkwafina Is Nora From Queens" Net: Comedy Central Premiere Date: Wednesday, Jan. 22 Time: 10:30 p.m.
-
CBS All Access
Series: "Star Trek: Picard" Net: CBS All Access Premiere Date: Thursday, Jan. 23 Time: N/A
-
ABC
Series: "Station 19" Net: ABC Premiere Date: Thursday, Jan. 23 Time: 8 p.m.
-
Fox
Series: "Outmatched" Net: Fox Premiere Date: Thursday, Jan. 23 Time: 8:30 p.m.
-
Freeform
Series: "The Bold Type" Net: Freeform Premiere Date: Thursday, Jan. 23 Time: 9 p.m.
-
Netflix
Series: "Chilling Adventures of Sabrina" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
-
Netflix
Series: "The Ranch" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
-
Hulu
Series: "Shrill" Net: Hulu Premiere Date: Friday, Jan. 24 Time: N/A
-
Netflix
Series: "Goop Lab with Gwyneth Paltrow" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
-
Showtime
Series: "The Circus" Net: Showtime Premiere Date: Sunday, Jan. 26 Time: 8 p.m.
-
Showtime
Series: "Our Cartoon President" Net: Showtime Premiere Date: Sunday, Jan. 26 Time: 8:30 p.m.
-
YouTube
Series: "Justin Bieber: Seasons" Net: YouTube Premiere Date: Monday, Jan. 27 Time: N/A
-
USA Network
Series: "Biggest Loser" Net: USA Network Premiere Date: Tuesday, Jan. 28 Time: 9 p.m.
-
TBS
Series: "Miracle Workers: Dark Ages" Net: TBS Premiere Date: Tuesday, Jan. 28 Time: 10:30 p.m.
-
Netflix
Series: "Next in Fashion" Net: Netflix Premiere Date: Wednesday, Jan. 29 Time: N/A
-
USA Network
Series: "Miz & Mrs." Net: USA Network Premiere Date: Wednesday, Jan. 29 Time: 10 p.m.
-
Netflix
Series: "The Stranger" Net: Netflix Premiere Date: Thursday, Jan. 30 Time: N/A
-
Netflix
Series: "BoJack Horseman" Net: Netflix Premiere Date: Friday, Jan. 31 Time: N/A
-
Amazon Prime Video
Series: "Ted Bundy: Falling for a Killer" Net: Amazon Prime Video Premiere Date: Friday, Jan. 31 Time: N/A
-
Netflix
Series: "Ragnorak" Net: Netflix Premiere Date: Friday, Jan. 31 Time: N/A
-
Fox
Series: "The Masked Singer" Net: Fox Premiere Date: Sunday, Feb. 2 Time: 10:30 p.m.
-
Spectrum
Series: "Manhunt: Deadly Games" Net: Spectrum Premiere Date: Monday, Feb. 3 Time: N/A
-
HBO
Series: "McMillions" Net: HBO Premiere Date: Monday, Feb. 3 Time: 10 p.m.
-
Showtime
Series: "Desus & Mero" Net: Showtime Premiere Date: Monday, Feb. 3 Time: 11 p.m.
-
Getty
Series: "Lego Masters" Net: Fox Premiere Date: Wednesday, Feb. 5 Time: 9 p.m.
-
CBS All Access
Series: "Interrogation" Net: CBS All Access Premiere Date: Thursday, Feb. 6 Time: N/A
-
The CW
Series: "Katy Keene" Net: The CW Premiere Date: Thursday, Feb. 6 Time: 8 p.m.
-
NBC
Series: "Brooklyn Nine-Nine" Net: NBC Premiere Date: Thursday, Feb. 6 Time: 8 p.m.
-
USA Network
Series: "The Sinner" Net: USA Network Premiere Date: Thursday, Feb. 6 Time: 9 p.m.
-
NBC
Series: "Indebted" Net: NBC Premiere Date: Thursday, Feb. 6 Time: 9:30 p.m.
-
CBS
Series: "Tommy" Net: CBS Premiere Date: Thursday, Feb. 6 Time: 10 p.m.
-
USA Network
Series: "Briarpatch" Net: USA Network Premiere Date: Thursday, Feb. 6 Time: 10 p.m.
-
Apple TV+
Series: "Mythic Quest: Raven's Banquet" Net: Apple TV+ Premiere Date: Friday, Feb. 7 Time: N/A
-
Netflix
Series: "Locke & Key" Net: Netflix Premiere Date: Friday, Feb. 7 Time: N/A
-
CBS
Series: "MacGyver" Net: CBS Premiere Date: Friday, Feb. 7 Time: 8 p.m.
-
HBO
Series: "High Maintenance" Net: HBO Premiere Date: Friday, Feb. 7 Time: 11 p.m.
-
Showtime
Series: "Homeland" Net: Showtime Premiere Date: Sunday, Feb. 9 Time: 9 p.m.
-
Showtime
Series: "Kidding" Net: Showtime Premiere Date: Sunday, Feb. 9 Time: 10 p.m.
-
OWN
Series: "Cherish the Day" Net: OWN Premiere Date: Tuesday, Feb. 11 Time: 10 p.m.
-
ABC
Series: "For Life" Net: ABC Premiere Date: Tuesday, Feb. 11 Time: 10 p.m.
-
CBS
Series: "Survivor" Net: CBS Premiere Date: Wednesday, Feb. 12 Time: 8 p.m.
-
E!
Series: "The Soup" Net: E! Premiere Date: Wednesday, Feb. 12 Time: 10 p.m.
-
Netflix
Series: "Narcos: Mexico" Net: Netflix Premiere Date: Thursday, Feb. 13 Time: N/A
-
Netflix
Series: "Love Is Blind" Net: Netflix Premiere Date: Thursday, Feb. 13 Time: N/A
-
Hulu
Series: "High Fidelity" Net: Hulu Premiere Date: Friday, Feb. 14 Time: N/A
-
Hulu
Series: "Utopia Falls" Net: Hulu Premiere Date: Friday, Feb. 14 Time: n/A
-
Apple TV+
Series: "Visible: Out on Television" Net: Apple TV+ Premiere Date: Friday, Feb. 14 Time: N/A
-
Starz
Series: "Outlander" Net: Starz Premiere Date: Sunday, Feb. 16 Time: 8 p.m.
-
ABC
Series: "American Idol" Net: ABC Premiere Date: Sunday, Feb. 16 Time: 8 p.m.
-
Fox
Series: "Duncanville" Net: Fox Premiere Date: Sunday, Feb. 16 Time: 8:30 p.m.
-
HGTV
Series: "Extreme Makeover: Home Edition" Net: HGTV Premiere Date: Sunday, Feb. 16 Time: 9 p.m.
-
NBC
Series: "Good Girls" Net: NBC Premiere Date: Sunday, Feb. 16 Time: 10 p.m.
-
HBO
Series: "Last Week Tonight With John Oliver" Net: HBO Premiere Date: Sunday, Feb. 16 Time: 11 p.m.
-
Facebook Watch
Series: "Sacred Lies" Net: Facebook Watch Premiere Date: Thursday, Feb. 20 Time: N/A
-
Netflix
Series: "The Chef Show" Net: Netflix Premiere Date: Wednesday, Feb. 19 Time: N/A
-
Netflix
Series: "Gentefied" Net: Netflix Premiere Date: Friday, Feb. 21 Time: N/A
-
Amazon Prime Video
Series: "Hunters" Net: Amazon Prime Video Premiere Date: Friday, Feb. 21 Time: N/A
-
AMC
Series: "Better Call Saul" Net: AMC Premiere Date: Sunday, Feb. 23 Time: 10 p.m.
-
NBC
Series: "The Voice" Net: NBC Premiere Date: Monday, Feb. 24 Time: 8 p.m.
-
NBC
Series: "Little Big Shots" Net: NBC Premiere Date: Monday, Feb. 24 Time: 10 p.m.
-
Netflix
Series: "I Am Not Okay With This" Net: Netflix Premiere Date: Wednesday, Feb. 26 Time: N/A
-
Netflix
Series: "Altered Carbon" Net: Netflix Premiere Date: Thursday, Feb. 27 Time: N/A
-
MTV
Series: "Jersey Shore: Family Vacation" Net: MTV Premiere Date: Thursday, Feb. 27 Time: 8 p.m.
-
Vh1
Series: "RuPaul's Drag Race" Net: Vh1 Premiere Date: Friday, Feb. 28 Time: 8 p.m.
-
AMC
Series: "Dispatches From Elsewhere" Net: AMC Premiere Date: Sunday, March 1 Time: 10 p.m.
-
FX
Series: "Breeders" Net: FX Premiere Date: Monday, March 2 Time: 10 p.m.
-
BET
Series: "Twenties" Net: BET Premiere Date: Wednesday, March 4 Time: 10 p.m.
-
CNBC
Series: "The Deed: Chicago" Net: CNBC Premiere Date: Wednesday, March 4 Time: 10 p.m.
-
FXX
Series: "Dave" Net: FXX Premiere Date: Wednesday, March 4 Time: 10 p.m.
-
Netflix
Series: "Castlevania" Net: Netflix Premiere Date: Thursday, March 5 Time: N/A
-
FX
Series: "Devs" Net: FX on Hulu Premiere Date: Thursday, March 5 Time: N/A
-
FX
Series: "Better Things" Net: FX Premiere Date: Thursday, March 5 Time: 10 p.m.
-
FXX
Series: "Cake" Net: FXX Premiere Date: Thursday, March 5 Time: 10 p.m.
-
Apple TV+
Series: "Amazing Stories" Net: Apple TV+ Premiere Date: Friday, March 6 Time: N/A
-
Hulu
Series: "Hillary" Net: Hulu Premiere Date: Friday, March 6 Time: N/A
-
FX
Series: "The Most Dangerous Animal of All" Net: FX Premiere Date: Friday, March 6 Time: 10 p.m.
-
AMC
Series: "Ride With Norman Reedus" Net: AMC Premiere Date: Sunday, March 8 Time: 11 p.m.
-
Nat Geo
Series: "Cosmos: Possible Worlds" Net: Nat Geo Premiere Date: Monday, March 9 Time: 9 p.m.
-
NBC
Series: "Council of Dads" Net: NBC Premiere Date: Tuesday, March 10 Time: 10 p.m.
-
Netflix
Series: "On My Block" Net: Netflix Premiere Date: Wednesday, March 11 Time: N/A
-
Netflix
Series: "Elite" Net: Netflix Premiere Date: Friday, March 13 Time: N/A
-
Pop TV
Series: "Flack" Net: Pop TV Premiere Date: Friday, March 13 Time: 10 p.m.
-
NBC
Series: "The Wall" Net: NBC Premiere Date: Sunday, March 15 Time: 7 p.m.
-
HBO
Series: "Westworld" Net: HBO Premiere Date: Sunday, March 15 Time: 9 p.m.
-
Showtime
Series: "Black Monday" Net: Showtime Premiere Date: Sunday, March 15 Time: 10 p.m.
-
The CW
Series: "Roswell, New Mexico" Net: The CW Premiere Date: Monday, March 16 Time: 9 p.m.
-
HBO
Series: "The Plot Against America" Net: HBO Premiere Date: Monday, March 16 Time: 9 p.m.
-
HBO
Series: "My Brilliant Friend" Net: HBO Premiere Date: Monday, March 16 Time: 10 p.m.
-
Freeform
Series: "Motherland: Fort Salem" Net: Freeform Premiere Date: Wednesday, March 18 Time: 9 p.m.
-
Hulu
Series: "Little Fires Everywhere" Net: Hulu Premiere Date: Wednesday, March 18 Time: N/A
-
IFC
Series: "Brockmire" Net: IFC Premiere Date: Wednesday, March 18 Time: 10 p.m.
Here’s when 137 broadcast, cable and streaming series debut and come back
Winter is well underway and with it, naturally, comes the Winter TV season. In honor of the colder months and their small-screen offerings, TheWrap has rounded up the premiere dates for not just the new and returning shows on Fox, ABC, NBC, CBS and The CW, but also the ones for the eagerly anticipated series hitting cable channels and streaming services this winter. Click through our gallery to find out when your favorite winter shows will be back and when your possible new favorites will debut.
Also Read: Why Netflix Is Betting You’ll Want ‘The Witcher’ Season 2 – Before You’ve Seen Season 1
Related Content
-
TV
WWE Exceeds Q4 Earnings Estimates, but WWE Network Subs Sink 10%
By Tony Maglio and Jennifer Maas | February 6, 2020 @ 5:46 AM -
TV
Is WWE About to Tap Out? Wrestlenomics Analyst Brandon Thurston Talks Stock Crash, Q4 Earnings
By Tony Maglio | February 5, 2020 @ 10:04 AM -
TV
WWE Stock Sinks 20% on News of George Barrios, Michelle Wilson Exits
By Tony Maglio | January 30, 2020 @ 2:29 PM