Earnings

Comcast earnings: (CMCSA) Q2 2021

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Comcast reported Thursday second-quarter results that beat analyst expectations on the top and bottom lines. The company also posted a record of new broadband subscribers for the quarter.

Shares were up more than 1% in the early afternoon.

Here’s what Comcast reported compared to Wall Street’s expectations:

  • Adjusted earnings per share: 84 cents vs. 67 cents expected in a Refinitiv survey of analysts
  • Revenue:  $28.55 billion vs. $27.18 billion in the Refinitiv survey
  • High-speed internet customers: 354,000 net adds vs. 270,000 net adds expected in a StreetAccount survey

Comcast said net adds for high-speed internet customers were its highest ever for a second-quarter performance. The company…



Source cnbc.com

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