Discovery Communications (NASDAQ:DISCB) issued its earnings results on Tuesday. The company reported $0.47 EPS for the quarter, Morningstar.com reports. The business had revenue of $1.86 billion for the quarter. Discovery Communications had a net margin of 16.63% and a return on equity of 22.24%.
Discovery Communications (NASDAQ DISCB) traded down $0.85 during midday trading on Wednesday, hitting $31.15. 100 shares of the stock were exchanged, compared to its average volume of 789. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 2.56. Discovery Communications has a 1 year low of $19.25 and a 1 year high of $36.10. The company has a market capitalization of $11,809.43, a P/E ratio of 16.31 and a beta of 1.69.
Separately, ValuEngine upgraded shares of Discovery Communications from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.
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Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.
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