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Discovery: 3Q Earnings Snapshot

ENGLEWOOD, Colo. — Discovery Communications Inc. (DISCB) on Thursday reported third-quarter earnings of $117 million.

The Englewood, Colorado-based company said it had profit of 16 cents per share. Earnings, adjusted for amortization costs, were 52 cents per share.

The operator of cable TV channels such as TLC and Animal Planet posted revenue of $2.59 billion in the period.

Discovery shares have increased 27 percent since the beginning of the year. The stock has risen 31 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DISCB at https://www.zacks.com/ap/DISCB

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