WWE Recently Got Body-Slammed. Will Earnings Help the Company Off the Mat?

Investors in World Wrestling Entertainment (NYSE: WWE) were riding high early last year, with the entertainment company's stock climbing to all-time highs in the wake of lucrative deals in 2018 that extended its reign on broadcast television for an additional five years. But several stumbles in the back half of the year sent the stock tumbling, losing 13% in 2019, far below the 28% gain of the S&P 500.

Things went from bad to worse last week, when a couple of high-level executive departures sent the stock reeling; it lost more than a quarter of its value in the days that followed, falling to lows not seen since early 2018.

WWE is scheduled to release the results of its recently completed fourth quarter before the market open on Thursday, Feb. 6. Let's look at the details of the unceremonious departure and what investors will be looking for when WWE reports earnings.

Source Fool.com