The global non-fiction media and entertainment company is expected to report earnings of 42 cents per share and revenue of $1.59 billion, up from 36 cents per share and $1.38 billion a year ago, according to the average of analyst estimates compiled by Yahoo Finance.
Additionally, Princess Cruises, a Carnival Corp. (CCL) company and Discovery Consumer Products, the licensing arm of Discovery Communications, announced today their collaboration to create "Discovery At Sea," an interactive on-board activities and shore excursions project.
Separately, TheStreet Ratings team rates DISCOVERY COMMUNICATIONS INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate DISCOVERY COMMUNICATIONS INC (DISCA) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
You can view the full analysis from the report here: DISCA Ratings Report