Discovery Communications Reports Third Quarter 2016 Results

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Discovery Communications (DISCA) Misses Q3 EPS by 1c

November 1, 2016 7:04 AM EDT

Discovery Communications (NASDAQ: DISCA) reported Q3 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.57 billion.

"While we faced challenging but expected headwinds this quarter, Discovery is well positioned for long-term... More