You would think this would be a great time for the: It has new TV deals withandUSA that are financially beneficial for the company. "People are trying to wrap their head around the international deals. Expectations have been reset," Ross said, adding that this creates uncertainty about the earnings and revenue outlook for WWE in 2020. Needham's Laura Martin cut her 2020 earnings estimates and price target on the stock earlier this month, citing the uncertainty. So even though investors have taken a steel chair to WWE's stock as of late, WWE could wind up making a heroic comeback and once again emerge as a Wall Street champion.
Source: CNN October 23, 2019 18:00 UTC