Discovery 4Q Adjusted EPS Beats Estimates

Date : 02/26/2019 @ 12:52PM
Source : Dow Jones News
Stock : Discovery Inc (DISCB)
Quote : 35.9999  4.4392 (14.07%) @ 10:59PM

Discovery 4Q Adjusted EPS Beats Estimates

Discovery (NASDAQ:DISCA)
Historical Stock Chart

1 Year : From Sep 2018 to Sep 2019

Click Here for more Discovery Charts.

By Michael Dabaie

 

Discovery Inc. (DISCA) on Tuesday reported fourth-quarter adjusted earnings that beat analysts' estimates.

The media company posted quarterly net income of $269 million, or 38 cents a share. This compared with a loss of $1.1 billion in the prior-year quarter.

On an adjusted basis, Discovery reported earnings of 82 cents a share. Analysts polled by FactSet expected 78 cents.

Revenue was $2.81 billion, below the $2.83 billion analysts were targeting.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

February 26, 2019 07:37 ET (12:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest DISCB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.