Earnings

Comcast (CMCSA) earnings Q4 2023

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Comcast topped both revenue and profit estimates in the fourth quarter as it lost fewer broadband subscribers than expected, and it raised its dividend 7%, the company said Thursday.

Here’s how Comcast performed, compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv.

  • Earnings per share: 84 cents adjusted vs. 79 cents expected
  • Revenue: $31.25 billion vs. $30.51 billion expected

For the quarter ended Dec. 31, net income rose 7.8% to $3.26 billion, or 81 cents a share, compared with $3.02 billion, or 70 cents a share, a year earlier. Revenue increased 2.3% compared with the prior-year period. Adjusted earnings before…



Source cnbc.com

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