Discovery Inc Series B (DISCB) Posts Earnings Results, Misses Estimates By $0.06 EPS

Discovery Inc Series B (NASDAQ:DISCB) announced its quarterly earnings data on Thursday. The company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.06), MarketWatch Earnings reports. The company had revenue of $2.59 billion for the quarter. Discovery Inc Series B had a negative net margin of 8.28% and a positive return on equity of 17.68%.

Shares of DISCB remained flat at $$31.38 during trading hours on Friday. The stock has a market capitalization of $16.39 billion, a P/E ratio of 15.01 and a beta of 1.18. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.84. Discovery Inc Series B has a 52-week low of $19.25 and a 52-week high of $48.85.

Separately, ValuEngine lowered shares of Discovery Inc Series B from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th.

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About Discovery Inc Series B

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

Read More: Earnings Reports

Earnings History for Discovery Inc Series B (NASDAQ:DISCB)

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