World Wrestling Entertainment Inc WWE:NYSE

World Wrestling Entertainment (WWE) reported Q1 net income late Thursday of $0.77 per diluted share, up from $0.51 a year earlier.

Four analysts polled by Capital IQ called for $0.70.

Revenue for the quarter ended March 31 was $333.4 million, up from $263.5 million a year earlier. Analysts surveyed by Capital IQ projected $325.7 million.

Looking ahead, the US media and broadcasting firm said it continues to target 2022 adjusted operating income before depreciation and amortization of $360 million to $375 million.

The company's shares rose more than 4% in recent Thursday after-hours activity.

Price: 62, Change: +2.51, Percent Change: +4.22