Company News: Comcast (CMCSA) quarterly earnings beat analysts’ estimate

Market news

24 October 2019

Company News: Comcast (CMCSA) quarterly earnings beat analysts’ estimate

Comcast (CMCSA) reported Q3 FY 2019 earnings of $0.79 per share (versus $.0 65in Q3 FY 2018), beating analysts’ consensus estimate of $0.74.

The company’s quarterly revenues amounted to $26.827 bln (+21.2% y/y), generally in line with analysts’ consensus estimate of $26.775 bln.

CMCSA rose to $46.70 (+2.14%) in pre-market trading.

U.S.: Durable goods orders ex defense, September -1.2% (forecast 1.9%)

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