Discovery Communications, Inc. Q2 adjusted earnings Miss Estimates

(RTTNews) - Discovery Communications, Inc. (DISCA) reported a profit for second quarter that dropped from the same period last year.

The company's profit totaled $216 million, or $0.30 per share. This compares with $374 million, or $0.64 per share, in last year's second quarter.

Analysts had expected the company to earn $0.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 62.9% to $2.85 billion from $1.75 billion last year.

Discovery Communications, Inc. earnings at a glance:

-EPS (Q2): $0.66 vs. $0.68 last year. -Analysts Estimate: $0.86 -Revenue (Q2): $2.85 Bln vs. $1.75 Bln last year.