Comcast CMSA Q3 earnings


Comcast revenue and profit top estimates as Universal theme park sales soar

Comcast topped both revenue and profit estimates in the third quarter, but the largest U.S. internet provider lost high-speed broadband customers and NBCUniversal advertising revenue slumped.

Shares of the company slipped more than 8% Thursday.

NBCUniversal’s flagship streaming service Peacock added 4 million subscribers and revenue increased 64% to $830 million, stemming the subscription service’s adjusted quarterly loss to $565 million. Peacock lost an adjusted $614 million in the same period a year prior on $506 million in revenue.

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

  • Earnings per share: $1.08 adjusted vs….

Source cnbc.com

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