Comcast beats expectations with $1.07 adjusted earnings per share in September quarter
CMCSA Comcast Corp
$22.84 +3.44%
View chart & analysis → - 1Comcast recorded adjusted earnings per share of $1.07 for the September quarter, exceeding the consensus estimate of $0.98.
- 2Earnings decreased by 4.5% year-over-year, and revenue was recorded at $29.3 billion.
- 3Management identified satellite broadband and AI-based price shopping as new competitive threats.
So what's the key point?
Comcast earned $1.07 per share in the September quarter, which was higher than what experts expected. However, earnings fell 4.5% compared to last year, and new competitive threats have emerged.
Source The Wall Street Journal +3 · View original ↗
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