Discovery Communications (DISCA) Tops Q4 EPS by 9c

Discovery Communications (NASDAQ: DISCA) reported Q4 EPS of $0.56, $0.09 better than the analyst estimate of $0.47. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.69 billion.

"Discovery's diversified set of nonfiction, sports and kids' entertainment brands, and strong strategic positioning continued to drive attractive distribution agreements, helping to deliver solid operating and financial results in 2016,\" said David Zaslav, President and CEO, Discovery Communications. "As we begin 2017, we will continue to invest in our premier global IP and brands to nourish fans across all screens, all platforms and all services to drive shareholder value and propel our business for years to come amid the rapidly changing media landscape."

For earnings history and earnings-related data on Discovery Communications (DISCA) click here.

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