Brokerages expect Discovery Communications Inc. (NASDAQ:DISCK) to announce $0.50 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Discovery Communications’ earnings. Discovery Communications posted earnings of $0.52 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 3.8%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, February 27th.

On average, analysts expect that Discovery Communications will report full-year earnings of $2.18 per share for the current fiscal year, with EPS estimates ranging from $2.12 to $2.23. For the next year, analysts expect that the firm will post earnings of $2.30 per share, with EPS estimates ranging from $2.24 to $2.35. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Discovery Communications.

Discovery Communications (NASDAQ:DISCK) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.10). Discovery Communications had a net margin of 16.63% and a return on equity of 22.24%.

DISCK has been the topic of several analyst reports. ValuEngine upgraded shares of Discovery Communications from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. BidaskClub upgraded shares of Discovery Communications from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Zacks Investment Research lowered shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Finally, Morgan Stanley dropped their price target on shares of Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. Five analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus target price of $25.50.

Several hedge funds and other institutional investors have recently bought and sold shares of DISCK. State of Wisconsin Investment Board bought a new stake in shares of Discovery Communications during the 3rd quarter worth $136,312,000. Prudential Financial Inc. boosted its holdings in Discovery Communications by 207.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,588,195 shares of the company’s stock valued at $52,437,000 after purchasing an additional 1,745,767 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings in Discovery Communications by 25.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 7,362,821 shares of the company’s stock valued at $149,171,000 after purchasing an additional 1,484,500 shares during the period. Private Management Group Inc. bought a new stake in Discovery Communications in the 3rd quarter valued at $27,985,000. Finally, Mackenzie Financial Corp bought a new stake in Discovery Communications in the 3rd quarter valued at $27,157,000. 48.07% of the stock is owned by institutional investors and hedge funds.

Discovery Communications (NASDAQ DISCK) opened at $24.23 on Friday. The firm has a market cap of $8,869.86, a P/E ratio of 12.69 and a beta of 1.42. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87. Discovery Communications has a 12 month low of $14.99 and a 12 month high of $29.18.

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Discovery Communications Company Profile

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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