Discovery Communications Earnings: Your Sneak Peek to the Big Announcement

Discovery Communications (NASDAQ:DISCA) will report earnings before markets open on Tuesday, May 7th. Discovery Communications, Inc. provides non-fiction entertainment. The Company operates a wide range of educational television channels as well as offers consumer and educational products and services, and a diversified portfolio of digital media services.

Here is your Cheat Sheet to Discovery Communications Earnings:

Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $1.16 billion. Currently, the company’s P/E ratio stands at 31.50.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.92 to a profit $0.91. For the current year, the average estimate is a profit of $3.38, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Discovery Communications has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,443 3,458 3,706 4,168 4,487
Diluted EPS ($) 0.98 1.27 1.52 2.80 2.48

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,106 1,103 1,142 1,076 1,200
Diluted EPS ($) 0.8485 0.57 0.76 0.55 0.6038

Past Performance:
Discovery Communications has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)