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SILVER SPRING, Md. (AP) _ Discovery Communications Inc. (DISCK) on Wednesday reported second-quarter earnings of $271 million.
On a per-share basis, the Silver Spring, Maryland-based company said it had profit of 40 cents. Earnings, adjusted for non-recurring costs, were 77 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $2.54 billion in the period.
Discovery shares have decreased 37% since the beginning of the year. The stock has dropped 29% 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 DISCK at https://www.zacks.com/ap/DISCK
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