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Discovery (NASDAQ:DISCA) releases its next round of earnings this Thursday, November 7. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
Earnings and Revenue
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Analysts covering Discovery modeled for quarterly EPS of 83 cents on revenue of $2.68 billion.
Discovery EPS in the same period a year ago totaled 79 cents. Sales were $2.59 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 5.06%. Sales would be up 3.40% from the same quarter last year. Discovery's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 1.050 | 0.790 | 0.79 | 0.59 |
| EPS Actual | 1.610 | 0.850 | 0.82 | 0.79 |
Stock Performance
Over the last 52-week period, shares are down 15.81%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Discovery stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Discovery is scheduled to hold the call at 8:30 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/ffvyqcok
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.