Comcast (CMCSA) Tops Q3 EPS by 13c
Comcast (NASDAQ: CMCSA) reported Q3 EPS of $1.08, $0.13 better than the analyst estimate of $0.95. Revenue for the quarter came in at $30.12 billion versus the consensus estimate of $29.72 billion.
“We delivered strong financial results in the third quarter, while also investing in long-term growth, accelerating share repurchase activity and maintaining our healthy balance sheet,"" said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation. ""Our strategic focus on innovation and financial discipline facilitated by consistent execution positions us competitively both now and into the future. Among the many highlights from across the company, we delivered another quarter of double-digit Adjusted EPS growth, continued to generate solid revenue growth in our connectivity businesses and expanded our Adjusted EBITDA margin at Connectivity & Platforms. We also reported the highest Adjusted EBITDA on record at Theme Parks; drove Oppenheimer to more than $900 million in worldwide box office – becoming the highest grossing biopic of all time; and materially improved Peacock paid subscriber and financial metrics compared to the prior year period as well as on a sequential basis."
For earnings history and earnings-related data on Comcast (CMCSA) click here.
