Earnings

Comcast (CMCSA) Q2 2020 earnings beat expectations

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Brian Roberts, chief executive officer of Comcast, arrives for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho.

Drew Angerer | Getty Images

Comcast reported its second-quarter earnings before the bell on Thursday, beating analyst estimates on the top and bottom lines.

It’s the first earnings report since Comcast’s NBCUniversal launched its new ad-supported streaming service, Peacock, and the first to reflect the full extent of the pandemic on Comcast’s business.

Shares of Comcast, parent company of CNBC, popped on the report in premarket trading, but pared gains during the company’s earnings call after NBCUniversal CEO Jeff Shell said effects from film…



Source cnbc.com

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