Investing.com - Discovery A reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Discovery A announced earnings per share of $0.21 on revenue of $2.79B. Analysts polled by Investing.com anticipated EPS of $0.6601 on revenue of $2.77B.
Discovery A shares are up 13% from the beginning of the year and are trading at $36.19 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.47% from the start of the year.
Discovery A shares lost 7.23% in pre-market trade the report.
Discovery A follows other major Services sector earnings this month
Discovery A's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on Wednesday, April 21, 2021 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
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