November 6, 2012 / 12:20 PM / 5 years ago

Discovery third-quarter earnings down 10 percent

Nov 6 (Reuters) - Discovery Communications Inc reported worse-than-expected quarterly earnings on Tuesday due to a stronger dollar and higher taxes.

Discovery said its third-quarter net income fell more than 10 percent to $214 million, or 57 cents a share.

That missed Wall Street estimates of 63 cents a share, according to Thomson Reuters I/B/E/S.

Revenue was largely flat at $1.08 billion compared with average expectations of $1.09 billion.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below