Discovery Communications Reports Second Quarter 2015 Results

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Go back to Discovery Communications Reports Second Quarter 2015 Results

Pivotal Research Upgrades Discovery Communications (DISCA) to Buy

August 6, 2015 7:17 AM EDT

Pivotal Research upgraded Discovery Communications (NASDAQ: DISCA) from Hold to Buy with a price target of $34. Analyst Brian Wieser thinks its post-earnings selloff is too severe.

"Only-OK 2Q15 results, enhanced fx effects, an elimination of buyback plans for the year against a... More

Discovery Communications (DISCA) Tops Q2 EPS by 1c

August 5, 2015 7:13 AM EDT

Discovery Communications (NASDAQ: DISCA) reported Q2 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.67 billion.

Adjusted OIBDA decreased 2% to $680 million (increased 6% excluding currency effects).

"Driven by our unmatched... More