Discovery Communications, Inc. Profit Rises 5% In Q1

(RTTNews) - Discovery Communications, Inc. (DISCA) announced earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line advanced to $263 million, or $0.42 per share. This was higher than $250 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.3% to $1.56 billion. This was up from $1.54 billion last year.

Discovery Communications, Inc. earnings at a glance:

-Earnings (Q1): $263 Mln. vs. $250 Mln. last year. -Earnings Growth (Y-o-Y): 5.2% -EPS (Q1): $0.42 vs. $0.37 last year. -EPS Growth (Y-o-Y): 13.5% -Analysts Estimate: $0.40 -Revenue (Q1): $1.56 Bln vs. $1.54 Bln last year. -Revenue Change (Y-o-Y): 1.3%