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Comcast (CMCSA) Tops Q3 EPS by 1c, Sales Beat

October 26, 2016 7:03 AM

Comcast (NASDAQ: CMCSA) reported Q3 EPS of $0.92, $0.01 better than the analyst estimate of $0.91. Revenue for the quarter came in at $21.32 billion versus the consensus estimate of $21.16 billion.

Cable Communications 3rd Quarter 2016 Highlights:

NBCUniversal 3rd Quarter 2016 Highlights:

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “I’m pleased to report that our businesses generated double-digit revenue and operating cash flow growth for the third quarter of 2016. Cable delivered solid operating cash flow growth coupled with great customer metrics, and has now added 170,000 video subscribers over the past twelve months. The Rio Olympics were the most profitable and successful games in our history, and demonstrated our ability to deliver an unparalleled entertainment experience through NBCUniversal together with Comcast Cable and the X1 platform. NBCUniversal reported operating cash flow growth of over 30%, benefitting from the Olympics, continued growth at our Theme Parks, and the theatrical success of The Secret Life of Pets this quarter. I’m proud of our consistent execution and excited about the opportunities ahead for Comcast NBCUniversal.”

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

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