Discovery Inc Series B (NASDAQ:DISCB) posted its earnings results on Thursday. The company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.06), MarketWatch Earnings reports. The firm had revenue of $2.59 billion for the quarter. Discovery Inc Series B had a positive return on equity of 17.68% and a negative net margin of 8.28%.
Discovery Inc Series B stock opened at $31.38 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.84. The stock has a market cap of $16.39 billion, a PE ratio of 15.01 and a beta of 1.18. Discovery Inc Series B has a 1-year low of $19.25 and a 1-year high of $48.85.
Separately, ValuEngine lowered shares of Discovery Inc Series B from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th.
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About Discovery Inc Series B
Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
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