Comcast (CMCSA) Tops Q1 EPS by 5c

(Updated - April 27, 2016 8:16 AM EDT)

(UPDATE - Corrects revenue number for current quarter.)

Comcast (NASDAQ: CMCSA) reported Q1 EPS of $0.84, $0.05 better than the analyst estimate of $0.79. Revenue for the quarter came in at $18.79 billion versus the consensus estimate of $18.64 billion.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “I’m incredibly pleased with our first quarter results and the strength and momentum we are seeing across our businesses. Our performance at Comcast Cable was outstanding. We delivered our best first quarter Internet results in four years and our best first quarter video results in nine years – adding 53,000 video customers. NBCUniversal also had a terrific quarter, reporting double-digit operating cash flow growth, fueled by strength in Broadcast, continued success at our Theme Parks, including Universal Studios Japan, and improved performance from our Cable Networks. Our teams are executing extremely well and I am excited about the opportunities ahead for Comcast NBCUniversal.”

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

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