Somewhat Critical Media Coverage Somewhat Unlikely to Impact Discovery Communications (DISCB) Share Price
News coverage about Discovery Communications (NASDAQ:DISCB) has trended somewhat negative this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Discovery Communications earned a news sentiment score of -0.03 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.8164076077493 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- $0.68 EPS Expected for Discovery Communications Inc. (DISCB) (iphonefresh.com)
- Discovery Communications, Inc. (NASDAQ:DISCB) Closed Well Below Its 50 Day Average (wobko.net)
- Sprouts Farmers Market, Inc. (NASDAQ:SFM) Experiences Heavier than Usual Trading Volume (ismboard.com)
- Good Nutrition is a Matter of State Security in Wolfenstein II (ismboard.com)
- Velocity’s “Garage Squad” Returns for a Fourth Season Now with 60 Minutes of Automotive Excitement (thefutoncritic.com)
Discovery Communications (NASDAQ DISCB) remained flat at $23.50 during mid-day trading on Tuesday. The company’s stock had a trading volume of 502 shares. Discovery Communications has a 52 week low of $23.30 and a 52 week high of $30.80. The company’s 50 day moving average price is $26.79 and its 200-day moving average price is $27.68. The stock has a market cap of $13.40 billion, a PE ratio of 12.47 and a beta of 1.58.
Discovery Communications (NASDAQ:DISCB) last announced its quarterly earnings data on Monday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.72 by $0.04. The firm had revenue of $1.75 billion during the quarter. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. Equities analysts forecast that Discovery Communications will post $2.13 EPS for the current fiscal year.
Separately, Zacks Investment Research raised shares of Discovery Communications from a “sell” rating to a “hold” rating in a report on Monday, June 19th.
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Discovery Communications Company Profile
Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.
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