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Comcast (CMCSA) Tops Q3 EPS by 1c; Revenues Rise 11%

October 27, 2015 7:04 AM

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, ā€œI’m 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€

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

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