DISCK - Discovery A EPS beats by $0.10 beats on revenue
Discovery A (NASDAQ:DISCA): Q3 GAAP EPS of $0.24 beats by $0.10. Revenue of $3.15B (+23.0% Y/Y) beats by $10M. Shares +1.34% PM. Press ReleaseU.S. advertising revenues increased 5% and distribution revenues increased 21%. International advertising revenues increased 28%, or 26% ex-FX, and distribution revenues increased 7%, or 6% ex-FX. Total Adjusted OIBDA was $726 million. Cash provided by operating activities was $811 million and free cash flow was $705 million. 2021 Outlook: Discovery may provide forward-looking commentary in connection with this earnings announcement on its quarterly earnings conference call.
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Discovery A EPS beats by $0.10, beats on revenue