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Warner Music Group / Full history

Guidance history, every release

Warner Music Group (WMG) · 8 releases, Nov 21, 2024 to Aug 5, 2026 · rows are metrics, columns are releases
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
MetricNov 21, 2024
FY24 Q4
Feb 6, 2025
FY25 Q1
May 8, 2025
FY25 Q2
Aug 7, 2025
FY25 Q3
Nov 20, 2025
FY25 Q4
Feb 5, 2026
FY26 Q1
May 7, 2026
FY26 Q2
Aug 5, 2026
FY26 Q3
For FY2026
Cost Savings Contribution to Margin Improvement————New“150 to 200 Basis Points”———
Margin Expansion——————New“High End of 150-200 Basis Points”Reiterated“High End of 150-200 Basis Points”
Margin Improvement————New“150 to 200 Basis Points”———
Margin Improvement (2026 Outlook)—————New“150 to 200 Basis Points of Margin Improvement”——
Operating Cash Flow Conversion Target———————New“50-60%”
Quarterly Cash Dividend——————New“$0.19 per share”—
Regular quarterly cash dividend per share———————New“$0.20 per share”
Regular quarterly cash dividend per share—————New“$0.19 per share”——
For FY2025
Recorded Music Subscription Streaming Revenue—New“Reaffirming”——————
Operating Cash Flow Conversion—New“Reaffirming”——————
Regular quarterly cash dividend———New“$0.19 per share”————
No period stated
New share repurchase program authorized by the board of directorsNew“$100 million”———————
Regular quarterly cash dividend—————New“$0.19 per share”Reiterated“$0.19 per share”Raised“$0.20 per share”
Share repurchase programNew“$100 million”———————
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.