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Discovery Declines Despite Earnings Beat, YouTube Deal
Discovery beats Wall Street's first-quarter earnings estimates but the stock falls.
Discovery (DISCA - Get Report) reported adjusted first-quarter earnings per share of 87 cents, beating analysts' estimates of 80 cents.
Adjusted operating income (before depreciation and amortization -- a non-GAAP measure of financial performance) also beat, coming in at $1.16 billion vs. the estimate of $1.08 billion. Revenue of $2.71 billion was in line with expectations.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: DISCAc1dl1603.png]](https://finviz.com/publish/050219/DISCAc1dl1603.png)
Discovery Declines Despite Earnings Beat, YouTube Deal
Discovery beats Wall Street's first-quarter earnings estimates but the stock falls.
Discovery (DISCA - Get Report) reported adjusted first-quarter earnings per share of 87 cents, beating analysts' estimates of 80 cents.
Adjusted operating income (before depreciation and amortization -- a non-GAAP measure of financial performance) also beat, coming in at $1.16 billion vs. the estimate of $1.08 billion. Revenue of $2.71 billion was in line with expectations.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
