Earnings

Comcast CMSA Q3 earnings

0


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

0 0 votes
Article Rating

As the market enters correction territory, don’t blame the US consumer

Previous article

Marlboro maker Altria (MO) earnings Q3 2023

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings