World Wrestling Entertainment Inc. stock increased 1.2% during premarket trading after the company’s results for its first quarter beat Wall Street estimates. The company’s net income was $36.7 million or 43 cents per share. This compares to a net income last year of $66.1 millions or 77cents per share. FactSet surveyed analysts who expected earnings per share of 42 cents. WWE’s revenue for the first quarter was $297.6 millions, down from the $333.4 in the previous year’s period, but still above the FactSet consensus figure of $291.5. The company…