Comcast (CMCSA) Tops Q1 EPS by 5c

Comcast (NASDAQ: CMCSA) reported Q1 EPS of $0.79, $0.05 better than the analyst estimate of $0.74. Revenue for the quarter came in at $17.41 billion versus the consensus estimate of $17.36 billion.

Cable Communications 1st Quarter 2015 Highlights:

• Cable Communications Revenue Increased 6.3% and Operating Cash Flow Increased 6.2%
• Customer Relationships Increased by 199,000, a 61% Improvement from the First Quarter of 2014
• Total Revenue per Customer Relationship Increased 4.7%

• High-Speed Internet Customers Increased by 407,000; High-Speed Internet Revenue Growth of 10.7% Is the Strongest Rate of Growth in Over Four Years
• X1 Deployments Have Accelerated; Over 25% of Triple Play Customers Now Have X1
• Business Services Revenue Increased 21.4%, Approaching $4.5 Billion in Annualized Revenue

NBCUniversal 1st Quarter 2015 Highlights:

• NBCUniversal Revenue Increased 7.9%, Excluding the 2014 Sochi Olympics and 2015 Super Bowl; Including these Events, Revenue Decreased 4.0%; Operating Cash Flow Increased 14.0%
• NBC Remains Ranked #1 Among Adults 18-49
• Super Bowl XLIX, the Most Watched Television Event of All Time, Generated $376 Million in Revenue
• Theme Parks Revenue Increased 33.7% and Operating Cash Flow Increased 54.6%

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “We are off to a great start in 2015, with 7.6% operating cash flow growth and record quarterly free cash flow. Cable had a terrific quarter, once again reflecting strong results in high-speed Internet and business services. We have made progress in transforming the customer experience while delivering improved products and innovations faster than ever before. At NBCUniversal, we had another excellent quarter, led by Super Bowl XLIX, which was the most-watched television program of all time, along with the tremendous box office success of Fifty Shades of Grey, and the exceptional performance of The Wizarding World of Harry PotterTM - Diagon AlleyTM in Orlando. We begin 2015 with great momentum and remain confident that we are well positioned with an impressive portfolio of complementary businesses to continue our strong performance and drive shareholder value.”

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

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