Discovery, Inc. - Series A (DISCA) News
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DISCA News Highlights
- DISCA's 30 day story count now stands at 90.
- Over the past 24 days, the trend for DISCA's stories per day has been choppy and unclear. It has oscillated between 1 and 16.
- The most mentioned tickers in articles about DISCA are LAW, BEAT and ROSE.
Latest DISCA News From Around the Web
Below are the latest news stories about Discovery Inc that investors may wish to consider to help them evaluate DISCA as an investment opportunity.
Netflix looks like a streaming survivor along with Disney, Amazon, and Google's YouTube service.
Discovery Inc. (DISCA) delivered mixed fourth-quarter and full-year 2021 results characterized by a big earnings miss. Revenue came in above consensus estimates as the company achieved its operational, financial, and strategic objectives. DISCA shares fell 1.70% to close at $27.73 on February 24. Discovery is a media company that offers content across distribution platforms. Its U.S. Network segment operates national television networks and websites. Earnings Fourth-quarter revenue increased 10% year-over-year to $3.19 billion, beating consensus estimates of $3.12 billion. The increase was driven by a 10% increase in international advertising revenue. U.S. advertising revenue in the quarter was up 5% as distribution revenues increased 17%.
Discovery A press release (NASDAQ:DISCA): Q4 GAAP EPS of $0.08 misses by $0.45. Revenue of $3.19B (+10.4% Y/Y) beats by $70M. Shares -4.9% PM. CEO comment: "We are pleased to receive unconditional clearance from the European Commission, the expiration of the HSR waiting period, and clearance from other key international...
Discovery (NASDAQ:DISCA) is 5.9% lower amid some broader media-sector declines Thursday, following on its fourth-quarter earnings report - likely its last before a transformative combination with WarnerMedia (T -3.4%). The company beat expectations on revenue and underlying profitability, capping an "exceptional year" for the company, CEO David Zaslav says. Revenues rose...
Discovery's (DISCA) Q4 results reflect improving advertising and distribution revenues, partially offset by higher selling, general and administrative (SG&A) expenses.
View more earnings on DISCASee more from BenzingaAlibaba Shares Plunge After Q3 Earnings - Read How It PerformedIron Mountain Clocks 9% Revenue Growth In Q4 Aided By Expanded Offerings, Resilient Storage Businesses© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Discovery (DISCA) delivered earnings and revenue surprises of -84.27% and 1.96%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Discovery Inc. beat Wall Street's revenue expectations for its fourth-quarter, buoyed by live sports and higher advertising revenue, as it moves closer to completing its acquisition of AT&T's WarnerMedia unit. Revenue rose 10% to $3.19 billion for the quarter ending in December, slightly above Wall Street's consensus estimate of $3.12 billion, according to Refinitiv. Advertising revenue continued to recover from the pandemic pullback, up 10% internationally from the same time a year earlier.
(Reuters) -Discovery Inc. beat Wall Street's revenue expectations for its fourth-quarter, buoyed by live sports and higher advertising revenue, as it moves closer to completing its acquisition of AT&T's WarnerMedia unit. Revenue rose 10% to $3.19 billion for the quarter ending in December, slightly above Wall Street's consensus estimate of $3.12 billion, according to Refinitiv. Advertising revenue continued to recover from the pandemic pullback, up 10% internationally from the same time a year earlier.
Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter and year ended December 31, 2021.