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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Discovery Inc | NASDAQ:DISCB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.45 | 22.00 | 25.00 | 0 | 01:00:00 |
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.
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