World Wrestling Entertainment Inc. easily beat Wall Street forecasts for first-quarter adjusted profit.
WWE, as the media and entertainment company focused on wrestling is called, also reported net income of $43.8 million for the period, up from $26.2 million.
Earnings were up to 51 cents from 31 cents on a per-share basis. Profit following adjustments also amounted to 51 cents a share.
|WWE||WORLD WRESTLING ENTERTAINMENT, INC.||54.23||-1.99||-3.54%|
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Revenue fell to $263.5 million from $291 million. The company