Comcast (CMCSA) Tops Q2 EPS by 3c, Revs Miss

Comcast (NASDAQ: CMCSA) reported Q2 EPS of $0.78, 3 cents better than the analyst estimate of $0.75. Revenue for the quarter came in at $26.86 billion versus the consensus estimate of $27.07 billion.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “I am very pleased with our terrific second quarter results and the continued, successful execution of our strategy. Each of our businesses demonstrated healthy growth in adjusted EBITDA, contributing to a double-digit increase in adjusted earnings per share. Our company’s consistent, profitable growth is fueled by our leading scale in direct customer relationships and premier content. We now have nearly 55 million high-value direct customer relationships, including the 456,000 net additions in the second quarter, and a vast library of intellectual property and new productions that are extremely popular across generations and geographies. Our teams throughout the company continue to collaborate to make themselves and each other even stronger, and I’m excited about our growth opportunities ahead.\"

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

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