Discovery reports second-quarter 2020 results

Discovery, inc. reports second-quarter 2020 results.q2 adjusted earnings per share $0.77.q2 revenue $2.541 billion versus refinitiv ibes estimate of $2.51 billion.q2 earnings per share estimate $0.70 -- refinitiv ibes data.q2 earnings per share $0.40.discovery - qtrly u.s. network total revenues $1,756 million versus $1,863 million.qtrly international networks total revenues $783 million versus $1,020 million.discovery - demand for advertising products and services has been reduced by covid-19, particularly in q2.discovery - expect postponement of olympic games will shift olympic-related revenues, defer significant expenses from fiscal year 2020 to 2021.recorded goodwill impairment charge of $36 million for asia-pacific reporting unit during quarter ended june 30.
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