Discovery, Inc. (NASDAQ:DISCK) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.62 per share.
Looking ahead, the full year income are expected at $ 2.80 per share on the revenues of $ 10388.00 million.
Previous Quarter Performance
Discovery, Inc. unfold income for the second quarter of $ 0.77 per share, from the revenue of $ 2,541.00 million. The quarterly earnings decreased 52.17 percent compared with the same quarter last year. According to street consensus, DISCK was expected to report 2Q20 income of $ 0.68 per share from revenue of $ 2509.58 million. The bottom line results beat street analysts by $ 0.09 or 13.24 percent, at the same time, top line results outshined analysts by $ 31.42 million or 1.25 percent.
Stock Performance
Shares of Discovery, Inc. traded low $ -0.52 or -2.71 percent on Wednesday, reaching $ 18.68 with volume of 2.11 million shares. Discovery, Inc. has traded high as $ 19.04 and has cracked $ 18.44 on the downward trend
The closing price of $ 18.68, representing a 24.43 % increase from the 52 week low of $ 15.43 and a 38.46 % decrease over the 52 week high of $ 31.20.
The company has a market capital of $ 9.83 billion and is part of the Consumer Cyclical sector and Media – Diversified industry.
Discovery, Inc. operates as a media company worldwide. The company operates through two segments, U.S.
