Investing.com - Discovery A reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Discovery A announced earnings per share of $1.01 on revenue of $3.06B. Analysts polled by Investing.com anticipated EPS of $0.8172 on revenue of $2.99B.
Discovery A shares are down 3% from the beginning of the year and are trading at $29.09 , down-from-52-week-high.They are under-performing the Nasdaq which is up 13.91% from the start of the year.
Discovery A follows other major Communication Services sector earnings this month
Discovery A's report follows an earnings beat by Alphabet C on July 27, who reported EPS of $27.26 on revenue of $61.88B, compared to forecasts EPS of $19.33 on revenue of $56.19B.
Alphabet A had beat expectations on July 27 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.24 on revenue of $56.19B.
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