© Reuters. Comcast Earnings, Revenue Beat in Q3
Investing.com – Comcast (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Comcast announced earnings per share of $0.96 on revenue of $29.85. Analysts polled by Investing.com anticipated EPS of $0.90 on revenue of $29.75B.
Comcast shares are down 4% from the beginning of the year, still down 42.30% from its 52 week high of $54.59 set on November 10, 2021.
Comcast shares gained 7.14% in pre-market trade following the report.
Comcast follows other major Communication Services sector earnings this month
Comcast’s report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar