Investing.com - Discovery A reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Discovery A announced earnings per share of $0.87 on revenue of $2.68B. Analysts polled by Investing.com anticipated EPS of $0.84 on revenue of $2.72B. That with comparison to EPS of $0.87 on revenue of $2.71B in the same period a year before.Discovery A had reported EPS of $0.98 on revenue of $2.87B in the previous quarter.Analysts are expecting EPS of $0.8 and revenue of $2.7B in the upcoming quarter.
Discovery A shares are down 35% from the beginning of the year and are trading at $21.25 , down-from-52-week-high.They are under-performing the Nasdaq which is down 2.55% year to date.
Discovery A follows other major Services sector earnings this month
Discovery A's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar