Discovery Communications, Inc. Reports 13% Decline In Q4 Profit

(RTTNews) - Discovery Communications, Inc. (DISCA) reported earnings for fourth quarter that decreased from last year.

The company said its earnings fell to $246 million, or $0.38 per share. This was lower than $284 million, or $0.43 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 1.8% to $1.65 billion. This was down from $1.68 billion last year.

Discovery Communications, Inc. earnings at a glance:

-Earnings (Q4): $246 Mln. vs. $284 Mln. last year. -Earnings Decline (Y-o-Y): -13.4% -EPS (Q4): $0.38 vs. $0.43 last year. -EPS Decline (Y-o-Y): -11.6% -Revenue (Q4): $1.65 Bln vs. $1.68 Bln last year. -Revenue Change (Y-o-Y): -1.8%