Comcast: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 07:13 AM ET
Last Updated - Dec 16, 2024, 05:48 PM EST
PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported third-quarter profit of $3.63 billion.
The Philadelphia-based company said it had profit of 94 cents per share. Earnings, adjusted for amortization costs and investment costs, were $1.12 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The cable provider posted revenue of $32.07 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $31.8 billion.
