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Comcast Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Comcast Revenue Beats in Q4

Comcast (NASDAQ) reported Thursday that the fourth quarter beat analyst forecasts, and that revenue exceeded expectations.

Comcast posted earnings per share (EPS) of $0.77 for revenue of $30.34B. Investing.com polled analyst to predict EPS of $0.7302 based on $29.76B revenue.

Comcast shares fell 5% over the first year but are up 21.59% since its 52-week peak of $61.80, which was set September 3, 2021. They outperform the Nasdaq, which has fallen 13.44% over the same period.

Comcast is following other Communication Services industry earnings this month

Comcast’s latest report is following a Verizon earnings beat Tuesday. Verizon reported EPS $1.31 on $34.1B in revenue, while Comcast forecasts an EPS $1.29 for $33.93B.

AT&T had beat expectations on Wednesday with fourth quarter EPS of $0.78 on revenue of $40.96B, compared to forecast for EPS of $0.7606 on revenue of $40.32B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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