Moreover, the company has offered disappointing data for first-quarter 2015 subscriber growth, suggesting that a spike in online TV subscribers might not be sustainable.
This slump shouldn’t be too much of a surprise to investors, as though this integrated media and entertainment company has seen no revisions in either direction in the past few weeks, its current year earnings consensus has actually moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
WWE currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same sector is RR Media Ltd. (RRM), holding a Zacks Rank #2 (Buy).
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