Discovery Tops Wall Street’s Q2 Estimates On Advertising Rebound; Streaming Business Hits 18M Subscribers

Total revenue climbed 21% over the prior-year quarter, reaching $3.06 billion, as earnings per share hit $1.01. Analysts had expected revenue of $2.97 billion and earnings of 85 cents.

International ad revenue rocketed 70%, with the UK, Italy, Germany and other markets surging ahead of 2019 levels.

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These companies reporting earnings tend to miss expectations and see their shares slideCNBC PRO analyzed earnings data from Bespoke Investment Group to identify stocks reporting earnings that tend to miss Wall Street’s estimates and fall.
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