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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.