Close

Comcast (CMCSA) Misses Q4 EPS by 1c

February 3, 2016 7:01 AM EST

Comcast (NASDAQ: CMCSA) reported Q4 EPS of $0.81, versus the analyst estimate of $0.82. Revenue for the quarter came in at $17.73 billion versus the consensus estimate of $18.77 billion.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “I am exceptionally proud of our results this year, which were driven by strong performances in each of our core businesses. At Comcast Cable, our focus on delivering the most innovative products and improving the customer experience led to fantastic operating metrics, including our best video customer results in nine years, and our best high-speed Internet customer results in eight years. NBCUniversal had a remarkable year, with record-breaking results at both Theme Parks and Film, and continued success at NBC, which was number one in primetime for the second consecutive season. As we enter 2016, the momentum we see across our portfolio is truly exciting. We are executing at the highest level, investing prudently, and energized and focused on driving growth and shareholder value. Underscoring our confidence in our company, we are increasing our dividend by 10% to $1.10 per share and we also plan to repurchase $5.0 billion of our stock this year.”

For earnings history and earnings-related data on Comcast (CMCSA) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Hot Earnings, Management Comments

Related Entities

Earnings