25.04.2024 13:11:24 - dpa-AFX: Comcast Corp. Q1 Profit Increases, beats estimates
PHILADELPHIA (dpa-AFX) - Comcast Corp. (CMCSK) reported a profit for its
first quarter that increased from the same period last year and beat the Street
estimates.
The company's earnings came in at $3.86 billion, or $0.97 per share. This
compares with $3.83 billion, or $0.91 per share, in last year's first quarter.
Excluding items, Comcast Corp. reported adjusted earnings of $4.17 billion or
$1.04 per share for the period.
Analysts on average had expected the company to earn $0.99 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 1.2% to $30.06 billion from $29.69
billion last year.
Comcast Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $3.86 Bln. vs. $3.83 Bln. last year.
-EPS (Q1): $0.97 vs. $0.91 last year.
-Revenue (Q1): $30.06 Bln vs. $29.69 Bln last year.
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