Discovery, Inc. Reports Fourth-Quarter And Full Year 2020 Results

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Discovery, Inc (DISCA) Tops Q4 EPS by 4c, Revenues Beat

February 22, 2021 7:02 AM EST

Discovery, Inc (NASDAQ: DISCA) reported Q4 EPS of $0.76, $0.04 better than the analyst estimate of $0.72. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.83 billion.

Fourth-Quarter 2020 Financial Highlights

Total revenues of $2,886 million were flat compared to the prior year quarter, both reported and ex-FX.(1)U.S. advertising revenues were flat and distribution revenues increased 5%; andInternational advertising revenues decreased 1% and distribution revenues decreased 4%, both ex-FX.Net income available to... More