Discovery Communications, Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Discovery Communications, Inc. (DISCA) released a profit for its second quarter that climbed from last year.

The company's bottom line totaled $947 million, or $1.33 per share. This compares with $216 million, or $0.30 per share, in last year's second quarter.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $2.89 billion from $2.85 billion last year.

Discovery Communications, Inc. earnings at a glance:

-EPS (Q2): $1.61 vs. $0.66 last year. -Analysts Estimate: $1.06 -Revenue (Q2): $2.89 Bln vs. $2.85 Bln last year.