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# WMG stock takes hit after earnings report
- URL: https://www.hypebot.com/wmg-stock-takes-hit-after-earnings-report/
- Published: 2021-11-15T21:21:05.000Z
- Updated: 2021-11-15T21:21:40.000Z
- Description: Warner Music Group stock took a hit Monday despite reporting that Q4 revenue was up 21% last quarter and 15% in the last year. That translated to fourth-quarter earnings WMG. Continue reading [https://www.hypebot.com/hypebot/2021/11/wmg-stock-takes-hit-after-earnings-report.html]
- Author: Bruce Houghton
- Tags: Major Labels, Music Business, Uncategorized, stock market, Warner Music Group, WMG, #wp, #wp-post, #Import 2026-01-21 09:48

Warner Music Group stock took a hit Monday despite reporting that Q4 revenue was up 21% last quarter and 15% in the last year.

![Hypebot logo featuring a stylized white "W" on a blue background representing music industry insights and digital marketing for artists and brands.](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/spcdn-shortpixel-ai/spio/ret_img-q_cdnize/www-hypebot-com/wp-content/uploads/2019/11/wmg-w-logo.png)

That translated to fourth-quarter earnings WMG of 12 cents per share on revenue of $1.376 billion. Analysts had expected earnings of 15 cents per share on revenue of $1.353 billion.

As a result. WMG stock closed Monday at $45.35 down $3.00 for a drop of 6.20%.

WMG’s earning, though solid, lacked the luster of UMG’s [impressive recent IPO](https://www.hypebot.com/universal-music-stock-up-40-as-investors-flock-to-ipo/) and earnings report.

#### **MORE: [Warner Music Group reports solid Q4, Year](https://www.hypebot.com/wmg-reports-solid-q4-year/)**