Discovery Communications Inc. pulls through in the 4Q with a remarkable 46% increase

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Discovery Communications Inc (NASDAQ: DISCA) reported a 46 percent increase in fourth quarter profit mainly because of advertising sales and distribution revenue in its International TV business. Discovery said its revenue will most likely range between $3.63 billion and $3.75 billion. That leaves analysts prediction in the rearview mirror with their $3.72 billion forecast, and would be up about 3 percent to 7 percent from 2009. Net income should also range anywhere from $660 million to $725 million. From 2009, the net income would have increased about 20 to 30 percent.

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