Comcast (CMCSA) Tops Q3 EPS by 1c; Revenues Rise 11%
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EPS Growth %: +13.0%
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Interest expense: -751M
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Comcast (NASDAQ: CMCSA) reported Q3 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter rose 11.2% $18.67 billion versus the consensus estimate of $17.94 billion.
Executive Officer of Comcast Corporation, said, āIām pleased to report that our businesses generated outstanding revenue and operating cash flow growth for the third quarter of 2015. At Cable Communications, overall customer relationships increased 156,000, a 90% improvement compared to last year, video subscriber results were the best for a third quarter in 9 years, high-speed Internet subscriber results were the best for a third quarter in 6 years, and churn across all product categories continues to improve. NBCUniversal also delivered terrific results, including another record-breaking box office quarter driven by Minions and Jurassic World, the highest summer attendance ever at our theme parks, and maintaining the #1 broadcast network ranking for the 5th summer in a row. These outstanding results from our unique portfolio of complementary businesses underscore our confidence that we are well positioned to compete, continue our strong performance and drive shareholder value.ā
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