Discovery Communications, Inc. Bottom Line Retreats 22% In Q3

(RTTNews) - Discovery Communications, Inc. (DISCA) revealed earnings for third quarter that decreased compared to the same period last year.

The company said its earnings fell to $219 million, or $0.36 per share. This was lower than $279 million, or $0.43 per share, in last year's third quarter.

Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.56 billion

Discovery Communications, Inc. earnings at a glance:

-Earnings (Q3): $219 Mln. vs. $279 Mln. last year. -Earnings Decline (Y-o-Y): -21.5% -EPS (Q3): $0.36 vs. $0.43 last year. -EPS Decline (Y-o-Y): -16.3% -Analysts Estimate: $0.41 -Revenue (Q3): $1.56 Bln vs. $1.56 Bln last year. -Revenue Change (Y-o-Y): 0%