Discovery: 4Q Earnings Snapshot
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 (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DISCB at ...