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BRIEF-World Wrestling Entertainment Q4 EPS $0.10
February 9, 2017 / 1:47 PM / in 8 months

BRIEF-World Wrestling Entertainment Q4 EPS $0.10

Feb 9 (Reuters) - World Wrestling Entertainment Inc

* WWE reports strong fourth-quarter 2016 results achieving record revenue for the full year

* Q4 earnings per share $0.10

* Q4 revenue $194.9 million versus I/B/E/S view $180.3 million

* Q4 earnings per share view $0.12 -- Thomson Reuters I/B/E/S

* Sees 2017 operating income of $70 million and adjusted oibda of $100 million

* World Wrestling Entertainment Inc - wwe network subscribers increased 14% from q4 2015 to 1.41 million average paid subscribers over q4 2016

* World Wrestling Entertainment Inc - for q1 2017, company projects operating income of $16 million to $20 million

* World Wrestling Entertainment Inc - q1 2017 subscriber forecast represents an approximate 15% year-over-year increase from q1 2016

* World Wrestling Entertainment Inc - projects q1 average paid subscribers to wwe network of 1.48 million (+/- 2%)

* World Wrestling Entertainment - in 2017, expects level of wwe network subscribers to continue to increase, albeit at lower rate, on year-over-year basis Source text for Eikon: Further company coverage:

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