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Mar 31, 2020

Warner Bros Discovery Q1 2020 Earnings Report

Discovery, Inc. reported a decrease in total revenues and adjusted OIBDA, while diluted EPS and adjusted EPS increased.

Key Takeaways

Discovery, Inc. reported a 1% decrease in total revenues to $2,683 million, but were flat ex-FX. Net income available to Discovery was $377 million, with diluted EPS at $0.55 per share. Adjusted EPS was $0.87 per diluted share. Free cash flow was $230 million.

Total revenues decreased 1% compared to the prior year quarter to $2,683 million, and were flat ex-FX.

Net income available to Discovery was $377 million and diluted EPS was $0.55 per share.

Adjusted EPS was $0.87 per diluted share.

Free cash flow was $230 million.

Total Revenue
$2.68B
Previous year: $2.71B
-0.9%
EPS
$0.87
Previous year: $0.85
+2.4%
Cash and Equivalents
$1.45B
Free Cash Flow
$230M
Total Assets
$33.4B

Warner Bros Discovery

Warner Bros Discovery

Forward Guidance

Discovery may provide forward-looking commentary in connection with this earnings announcement on its quarterly earnings conference call.