Discovery (NASDAQ:DISCB) Issues Earnings Results


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Discovery (NASDAQ:DISCB) issued its quarterly earnings data on Monday. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.72 by $0.04, MarketWatch Earnings reports. Discovery had a return on equity of 20.76% and a net margin of 13.36%.

Shares of NASDAQ DISCB traded up $5.49 during trading on Tuesday, hitting $58.19. The stock had a trading volume of 2,483 shares, compared to its average volume of 1,358. The firm has a fifty day moving average of $42.08 and a two-hundred day moving average of $35.96. The company has a market capitalization of $28.57 billion, a PE ratio of 28.25 and a beta of 0.99. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.99 and a quick ratio of 1.99. Discovery has a 12 month low of $24.80 and a 12 month high of $103.00.

Separately, TheStreet upgraded Discovery from a “c+” rating to a “b” rating in a report on Thursday, January 7th.

About Discovery

Discovery, Inc operates as a media company in the United States and internationally. The company operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, ID, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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Earnings History for Discovery (NASDAQ:DISCB)

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