Discovery, Inc. (DISCA)
| Market Cap | 12.77B |
| Revenue (ttm) | 11.30B |
| Net Income (ttm) | 1.38B |
| Shares Out | 506.00M |
| EPS (ttm) | 1.67 |
| PE Ratio | 15.60 |
| Forward PE | 8.38 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,297,616 |
| Open | 26.38 |
| Previous Close | 26.88 |
| Day's Range | 25.55 - 26.44 |
| 52-Week Range | 19.07 - 78.14 |
| Beta | 1.37 |
| Analysts | Hold |
| Price Target | 39.72 (+52.7%) |
| Est. Earnings Date | Nov 4, 2021 |
About DISCA
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, DIY Ne...
Financial Performance
In 2020, Discovery's revenue was $10.67 billion, a decrease of -4.24% compared to the previous year's $11.14 billion. Earnings were $1.22 billion, a decrease of -41.08%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for Discovery stock is "Hold." The 12-month stock price forecast is 39.72, which is an increase of 52.71% from the latest price.
News
AT&T anticipates pending WarnerMedia-Discovery deal to close by mid-2022
Telecoms company AT&T said it anticipates that the pending deal to combine WarnerMedia's media assets with Discovery Inc will close by the middle of 2022.
Discovery President And CEO David Zaslav To Present At The Goldman Sachs 30th Annual Communacopia Conference
NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will present at the Goldman Sachs 30th Annual Communacopia Conference...
INVESTIGATION ALERT: The Schall Law Firm Announces It Is Investigating Claims on Behalf of Investors in Discovery, In...
LOS ANGELES--(BUSINESS WIRE)---- $DISCA #DISCA--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Discovery, Inc.
Discovery Chief Financial Officer Gunnar Wiedenfels To Present At The Bank Of America Securities 2021 Media, Communic...
NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that Chief Financial Officer Gunnar Wiedenfels will present at the Bank of America Securities Media, Commu...
Why Is Discovery (DISCA) Up 0.3% Since Last Earnings Report?
Discovery (DISCA) reported earnings 30 days ago. What's next for the stock?
7 Overvalued Stocks to Sell to Invest Like Michael Burry
When Michael Burry speaks about overvalued stocks, you should pay attention even if you don't agree with his thesis. The post 7 Overvalued Stocks to Sell to Invest Like Michael Burry appeared first on I...
Hillman Capital's Top 2nd-Quarter Buys
Hillman Capital Management recently disclosed its 13F portfolio updates for the second quarter of 2021, which ended on June 30.
Why Does Michael Burry Like Discovery Communications?
The most significant equity investment in Michael Burry's Scion Asset Management portfolio at the end of June was Discovery Communications ( DISCK , Financial). The position in the company was worth $25...
AT&T's Upcoming Discovery Deal Is Its Only Appeal
After an acquisition binge, AT&T is trying to undo many of its recent transactions. This process will be rough for T stock shareholders.
Telcos Lost the 4G Battle – and Could Lose the 5G War
As it continues to roll out, let's take a look at some companies that could come out behind due to the 5G revolution. The post Telcos Lost the 4G Battle – and Could Lose the 5G War appeared first on Inv...
George Soros Abandons Shares Bought During Implosion Of Archegos Bill Hwang
George Soros's Investment Company, which shares sold off during the collapse of Bill Hwang's Archegos Capital Management, exited the positions. What Happened: According to a regulatory submission, the ...
Discovery To Charge Poland With Violating Investment Treaty After Bill Bans Foreign Media Ownership
Discovery said it has formally notified the Polish government that it will take legal action under the bilateral investment treaty between the U.S. and the Republic of Poland after that nation's parliam...
Discovery, Inc. to Charge the Government of Poland with Violations to the US-Poland Bilateral Investment Treaty
NEW YORK and WARSAW, Poland, Aug. 12, 2021 /PRNewswire/ -- Discovery, Inc. today announced that it has formally notified the Polish government that it will take legal action under the bilateral investme...
Why This 1 Stock Is a Better Bet Than Discovery Ahead of Its Merger
The television company's plans reveal a potential investment opportunity.
Berkeley Lights, Bayer Ink Discovery Pact For Next-Gen Traits In Agricultural Sector, Berkeley Q2 Earnings Miss Estim...
Berkeley Lights Inc (NASDAQ: BLI) reports Q2 sales of $19.3 million, +82% Y/Y, but slightly missing the consensus of $19.64 million. The Company expanded the installed base to 92 platforms, with seven n...
AT&T/WarnerMedia In Talks To Sell TMZ To Fox
AT&T is in talks to sell WarnerMedia's celebrity gossip site TMZ to Fox, Deadline has confirmed, in yet another deal paring down the telco's entertainment assets, one that comes as it prepares to spin o...
CNN president Jeff Zucker will stay at WarnerMedia at least until Discovery deal closes
Jeff Zucker will stay at WarnerMedia at least until the AT&T media unit merges with Discovery, sources say.
Discovery posts stronger than expected profits as ad sales recover
Discovery, owner of channels like The Food Network, TLC and Animal Planet, beat Wall Street's second-quarter expectations, due in part to the rebound in advertising sales following last year's economic ...
Discovery (DISCA) Q2 Earnings Top Estimates, Revenues Rise Y/Y
Discovery's (DISCA) Q2 results reflect strength in advertising and distribution revenues, partially offset by higher selling, general and administrative (SG&A) expenses.
Discovery Communications (DISCA) Surpasses Q2 Earnings and Revenue Estimates
Discovery (DISCA) delivered earnings and revenue surprises of 53.70% and 3.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Discovery Beats On Q2 Earnings Backed By Strong Advertising Revenue, Key Market Recovery
Discovery Inc (NASDAQ: DISCA) reported second-quarter FY21 revenue growth of 21% year-on-year to $3.06 billion, beating the analyst consensus of $2.97 billion. It ended Q2 with 17 million Direct-to-Cons...
Discovery Tops Wall Street's Q2 Estimates On Advertising Rebound; Streaming Business Hits 17M Subscribers
Advertising rebounded strongly in the second quarter, enabling Discovery Communications to easily beat Wall Street's estimates. Total revenue climbed 21% over the prior-year quarter, reaching $3.06 bill...
Discovery quarterly revenue beats estimates on higher paid subscriptions
Discovery Inc beat Wall Street expectations for second-quarter revenue on Tuesday, buoyed by higher paid streaming subscriber additions.
Discovery, Inc. Reports Second-Quarter 2021 Results
NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter ended June 30, 2021. David Zaslav , P...
The UK's Channel 4 Might Get Scooped Up By A US Broadcaster, Discovery Inc.
The broadcaster home to uniquely British TV properties like "Gogglebox" and "The Great British Bake Off" — could, somewhat improbably, soon end up in American hands.