Discovery Communications Inc. DISCA, -1.28% stated more suitable 2nd-quarter salary on Tuesday that came in above Wall street expectations. web income for the quarter was $ 408 million, or sixty six cents per share, compared with $ 286 million, or forty four cents all through the same quarter final 12 months. Adjusted income for the quarter had been seventy one cents, above the 57 cents per-share FactSet consensus. revenue for the quarter hit $ 1.708 billion, in comparison with $ 1.654 billion in the 12 months ancient times. The FactSet consensus on income used to be $ 1.710 billion. advertising income for Discovery’s U.S. networks was $ 471 million right through the 2d quarter, an development in comparison with final yr’s $ 447 million all over the same quarter. Discovery shares had been inactive in premarket trade and are down more than 7% within the year thus far, underperforming the S&P 500 Index SPX, -0.13% which is up more than 6%.
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