Loading...
•
Mar 31, 2021
Warner Bros Discovery Q1 2021 Earnings Report
Discovery, Inc. reported financial results for the quarter ended March 31, 2021.
Key Takeaways
Discovery, Inc. reported a 4% increase in total revenues to $2,792 million for the first quarter of 2021. The company's global direct-to-consumer subscribers reached 13 million. Net income available to Discovery, Inc. was $140 million, with diluted earnings per share at $0.21. Free cash flow was $179 million.
Total revenues increased 4% compared to the prior year quarter, reaching $2,792 million.
Ended Q1 with 13 million global next generation paying direct-to-consumer subscribers.
Discovery was the #1 most-watched pay-TV portfolio in the U.S.
Free cash flow decreased to $179 million from $230 million.
Forward Guidance
Discovery may provide forward-looking commentary in connection with this earnings announcement on its quarterly earnings conference call.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...