Discovery Communications Falling After Earnings (DISCA)

Discovery Communications

released its fiscal third quarter earnings after the closing bell on Tuesday. The company reported earnings per share of $0.43, which was in line with analysts' consensus estimates. Revenue was $926 million compared to Wall Street revenue estimates of $918.41 million. Looking forward, DISCA sees 2010 revenue between $3.75 billion-$3.8 billion compared to consensus estimates of $3.77 billion. The company sees OIBDA between $1.675 billion and $1.725 billion and net income of $650 million to $700 million. In the after hours trading session, DISCA shares have fallen 3.15% to $43.00.