Discovery Inc Series B (NASDAQ:DISCB) announced its quarterly earnings results on Thursday. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.08, MarketWatch Earnings reports. The firm had revenue of $2.71 billion during the quarter. Discovery Inc Series B had a net margin of 5.63% and a return on equity of 17.30%.
Shares of DISCB remained flat at $$35.50 during trading hours on Friday. 29 shares of the stock traded hands, compared to its average volume of 181. The company has a market capitalization of $18.60 billion, a price-to-earnings ratio of 14.49 and a beta of 1.08. Discovery Inc Series B has a 52 week low of $25.45 and a 52 week high of $40.50. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.06 and a quick ratio of 1.06.
A number of analysts have commented on the stock. ValuEngine upgraded shares of Discovery Inc Series B from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. TheStreet upgraded shares of Discovery Inc Series B from a “c+” rating to a “b” rating in a research note on Tuesday, February 26th.
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Discovery, Inc operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
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