Discovery Communications, Inc. Bottom Line Rises 43% In Q2

(RTTNews) - Discovery Communications, Inc. (DISCA) announced a profit for its second quarter that rose from last year.

The company said its bottom line climbed to $408 million, or $0.66 per share. This was higher than $286 million, or $0.44 per share, in last year's second quarter.

Analysts had expected the company to earn $0.54 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $1.71 billion. This was up from $1.65 billion last year.

Discovery Communications, Inc. earnings at a glance:

-Earnings (Q2): $408 Mln. vs. $286 Mln. last year. -Earnings Growth (Y-o-Y): 42.7% -EPS (Q2): $0.66 vs. $0.44 last year. -EPS Growth (Y-o-Y): 50.0% -Analysts Estimate: $0.54 -Revenue (Q2): $1.71 Bln vs. $1.65 Bln last year. -Revenue Change (Y-o-Y): 3.6%