Discovery Communications Stock News

This article was originally published on TipRanks.com Discovery Inc. The post Discovery Delivers Big Q4 Earnings Miss As Revenue Tops Estimates appeared first on Smarter Analyst .

APA Corp. has plenty of runway ahead

Stocks that traded heavily or had substantial price changes Thursday: Lantheus, South Jersey rise; Discovery, Rent-A-Center fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Discovery Inc., down 44 cents to…

Warner Bros. Discovery is becoming closer and closer to a reality, with the upcoming Discovery and WarnerMedia merger on track to close in early Q2--and "probably" ahead of the upfront--Discovery executives said Thursday morning during the company''s fourth quarter earnings call. "Hopefully, we''ll be closed before the upfront, it looks like that''ll probably be the…

The declines are led by travel services, airline and cruise stocks.

Discovery Inc (NASDAQ: DISCA ) reported fourth-quarter FY21 revenue growth of 10% year-on-year to $3.19 billion, beating the consensus of $3.12 billion. It ended Q4 with 22 million Direct-to-Consumer Subscribers and generated nearly $450 million of Next Generation Revenues. Total U.S. Networks … Full story available on Benzinga.com

Discovery on Thursday beat Wall Street''s sales target for the fourth quarter but its earnings evaporated in the period. DISCA stock fell in early trading along with the broader market.

Discovery adds 2 million subscribers in the quarter, bringing total paying subscriptions up to 22 million, slightly below analysts'' consensus.

Discovery, Inc. (DISCA) CEO David Zaslav on Q4 2021 Results - Earnings Call Transcript

(Reuters) – Discovery Inc beat analysts’ estimates for quarterly revenue on Thursday, buoyed by a resumption of live sports and higher advertising revenue as the media firm seeks to complete a planned merger with AT&T’s WarnerMedia unit.

Discovery A press release (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…

It was a strong quarter for Disney, HBO Max and Paramount+ as streaming leader Netflix acknowledged competition may be hurting its growth on the margins.

Discovery execs, attuning commentary around recent investor sentiment on streaming, reassured investors this morning that they will not overspend on content as the company merges with WarnerMedia earl