UNITED NEWS INTERNATIONAL (UNI) — “Wonder Woman” comes to the rescue.
The success of this superhero movie helped Time Warner beat Wall Street’s earnings expectations in its latest quarter.
The media giant, which owns Warner Bros and HBO, said it earned $1.33 a share on revenue of $7.33 billion.
Analysts had forecast a profit of $1.19 a share on revenue of $7.3 billion, according to Thomson Reuters. “Wonder Woman” raked in about $800 million worldwide through July 31, helping offset the company’s declining ad revenue.
Time Warner noted the film is the highest-grossing live-action film by a female director, and the third-highest grossing Warner Bros movie ever at the U.S. box office.
Last month, Warner Bros announced it’s now planning a sequel. “Wonder Woman 2” is scheduled to hit theaters in December 2019.