Tuesday, Discovery Communications Inc. (DISCA, DISCB,DISCK) reported third-quarter net income available to Discovery Communications Inc., stockholders of $95 million or $0.22 per share, down from $134 million or $0.44 per share in the same quarter last year.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter increased to $854 million from $845 million in the comparable quarter last year. Analysts expected the company to report revenue of $849.62 m for the quarter.
Looking ahead to the full year 2009, the company expects total revenue in the range of $3.45 billion - $3.50 billion with net income available to Discovery Communications, Inc. stockholders in the range of $525 million - $550 million. Previously the company expected to report revenue in the range of $3.375 billion - $3.500 billion with net income available to stockholders of $500 million - $600 million. Analysts currently anticipate the company to earn $1.35 per share on revenue of $3.48 billion for the quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.