26.07.2018 13:35:23

Comcast Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - Comcast Corp. (CMCSK) announced a profit for its second quarter that climbed from last year.

The company's profit totaled $3.22 billion, or $0.69 per share. This compares with $2.52 billion, or $0.52 per share, in last year's second quarter.

Excluding items, Comcast Corp. reported adjusted earnings of $3.01 billion or $0.65 per share for the period.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.1% to $21.74 billion from $21.29 billion last year.

Comcast Corp. earnings at a glance:

-Earnings (Q2): $3.01 Bln. vs. $2.50 Bln. last year. -EPS (Q2): $0.65 vs. $0.52 last year. -Analysts Estimate: $0.60 -Revenue (Q2): $21.74 Bln vs. $21.29 Bln last year.

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