Investing.com - Discovery A reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Discovery A announced earnings per share of $0.08 on revenue of $3.19B. Analysts polled by Investing.com anticipated EPS of $0.8307 on revenue of $3.12B.
Discovery A shares are down 6% from the beginning of the year and are trading at $28.21 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.44% 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 Tuesday, February 1, 2022, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.8 on revenue of $72.27B.
Meta Platforms had missed expectations on Wednesday, February 2, 2022 with fourth quarter EPS of $3.67 on revenue of $33.67B, compared to forecast for EPS of $3.84 on revenue of $33.37B.
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