Discovery posts 4Q profit

ENGLEWOOD, Colo. (AP) _ Discovery Communications Inc. (DISCB) on Tuesday reported fourth-quarter earnings of $304 million.

On a per-share basis, the Englewood, Colorado-based company said it had profit of 52 cents.

The operator of cable TV channels such as TLC and Animal Planet posted revenue of $1.67 billion in the period.

For the year, the company reported profit of $1.19 billion, or $1.96 per share. Revenue was reported as $6.5 billion.

Discovery shares have remained stable since the beginning of the year. The stock has risen 17 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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