Discovery: 4Q Earnings Snapshot

  • Source: Yahoo Finance - - Read: 0



    ENGLEWOOD, Colo. (AP) _ Discovery Communications Inc. (DISCB) on Monday reported fourth-quarter net income of $271 million.

    The Englewood, Colorado-based company said it had net income of 42 cents per share. Earnings, adjusted for one-time gains and costs, were 76 cents per share.

    The operator of cable TV channels such as TLC and Animal Planet posted revenue of $2.89 billion in the period.

    For the year, the company reported profit of $1.22 billion, or $1.81 per share. Revenue was reported as $10.67 billion.

    Discovery shares have increased 63% since the beginning of the year. The stock has risen 53% in the last 12 months.

    This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DISCB at ...



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