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DISCB Discovery Inc

24.45
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
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

Discovery 4Q Adjusted EPS Beats Estimates

26/02/2019 12:52pm

Dow Jones News


Discovery (NASDAQ:DISCB)
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From May 2019 to May 2024

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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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