Silver Spring-based Discovery Communications (NASDAQ:DISCA) released its financial standings for the 2014 fourth quarter as well as the full-year.
While the average analyst estimate predicted $0.41 on adjusted earnings per share, Discovery beat those numbers and reported $0.43 adjusted earnings per share.
Earnings were up for the fourth quarter but revenues were below the average estimate at $1.68 billion versus $1.70 billion.
For the full-year, revenues increased by over $700 million to $6.3 billion and earnings were $1.13 billion for the year.
Discovery Communications currently has a market capitalization of approximately $20.5 billion, it’s DISCA stock is currently trading at $30.10 per share, it’s 52 week high was $44.99 and it’s 52 week low was $28.72.