05.11.2020 13:29:35

Discovery, Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Discovery, Inc. (DISCK) revealed earnings for its third quarter that increased from last year.

The company's bottom line came in at $300 million, or $0.44 per share. This compares with $262 million, or $0.35 per share, in last year's third quarter.

Analysts had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.5% to $2.56 billion from $2.68 billion last year.

Discovery, Inc. earnings at a glance:

-EPS (Q3): $0.81 vs. $0.87 last year. -Analysts Estimate: $0.65 -Revenue (Q3): $2.56 Bln vs. $2.68 Bln last year.

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