WWE Q4 Results Fall Short, Edge & Cena Teaming & More


MSN.com reports that WWE‘s fourth quarter 2009 earnings results came in below expectations of most financial analysis. Analysts expected $0.18 per share in Net Income, but WWE reported $0.15. Analysts also predicted $123.8 million in Q4 2009 revenue, but WWE reported $117.3 million. The stock price is down approximately 1% today, so the market didn’t punish them too bad for falling short.

Related News: WWE 2009 Financial Results: Net Income Up 11% For The Year

— Former XFL president and long-time WWE employee Basil V. DeVito, Jr. has been promoted to the Board of Directors. He will fill in former CEO Linda McMahon. He has been with WWE since 1985 and ha served as WWE‘s Business Strategy adviser since 2003.

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WWE is advertising a huge main event for next week’s 2/19 Supershow at the Allstate Arena in Chicago. World Hwt. Champion The Undertaker will team with John Cena & Edge against WWE Champion Sheamus, Batista & Randy Orton. (Source: Keith Lipinski).