Warner Music Group reported its Q3 2024 earnings, revealing a profit increase of 14% driven by growth in streaming. The company posted earnings per share (EPS) of 27 cents, surpassing the 23 cents recorded in the same quarter last year. However, Warner Music's revenue for the quarter was $1.55 billion, slightly below the estimated $1.57 billion. Within this, music publishing revenue was $305 million, matching estimates, while recorded music revenue reached $1.25 billion, falling short of the expected $1.26 billion. The stock reacted positively to the earnings report despite the revenue miss.