Equities analysts expect Discovery Communications, Inc. (NASDAQ:DISCK) to post $0.52 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Discovery Communications’ earnings. Discovery Communications reported earnings per share of $0.40 in the same quarter last year, which would suggest a positive year over year growth rate of 30%. The company is expected to report its next quarterly earnings report on Tuesday, November 7th.

On average, analysts expect that Discovery Communications will report full year earnings of $2.22 per share for the current financial year, with EPS estimates ranging from $2.15 to $2.28. For the next year, analysts anticipate that the firm will report earnings of $2.55 per share, with EPS estimates ranging from $2.52 to $2.57. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Discovery Communications.

Discovery Communications (NASDAQ:DISCK) last released its quarterly earnings data on Monday, July 31st. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.72 by $0.04. The company had revenue of $1.75 billion during the quarter. Discovery Communications had a net margin of 16.88% and a return on equity of 22.74%.

A number of equities analysts have issued reports on the company. Zacks Investment Research downgraded Discovery Communications from a “hold” rating to a “sell” rating in a report on Thursday, May 4th. TheStreet upgraded Discovery Communications from a “c+” rating to a “b-” rating in a report on Monday, April 10th. BidaskClub upgraded Discovery Communications from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. ValuEngine downgraded Discovery Communications from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Barrington Research reiterated a “market perform” rating on shares of Discovery Communications in a report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Discovery Communications has a consensus rating of “Hold” and a consensus price target of $29.00.

Discovery Communications (NASDAQ DISCK) traded up 1.86% during mid-day trading on Monday, reaching $23.02. 2,376,253 shares of the company traded hands. The stock has a market capitalization of $13.12 billion, a price-to-earnings ratio of 12.21 and a beta of 1.47. Discovery Communications has a 12-month low of $22.60 and a 12-month high of $29.18. The company’s 50-day moving average is $25.25 and its 200-day moving average is $26.64.

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A number of institutional investors have recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in Discovery Communications during the first quarter worth approximately $178,000. Daiwa Securities Group Inc. boosted its stake in Discovery Communications by 17.5% in the first quarter. Daiwa Securities Group Inc. now owns 6,370 shares of the company’s stock worth $180,000 after buying an additional 950 shares in the last quarter. Quantbot Technologies LP boosted its stake in Discovery Communications by 1,035.8% in the first quarter. Quantbot Technologies LP now owns 6,622 shares of the company’s stock worth $187,000 after buying an additional 6,039 shares in the last quarter. Weik Investment Services Inc. bought a new stake in Discovery Communications during the first quarter worth approximately $209,000. Finally, Cadence Capital Management LLC bought a new stake in Discovery Communications during the first quarter worth approximately $228,000. Institutional investors and hedge funds own 46.82% of the company’s stock.

About Discovery Communications

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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