Comcast Corp. Q3 adjusted earnings Beat Estimates

(RTTNews) - Comcast Corp. (CMCSK) reported a profit for its third quarter that climbed from the same period last year.

The company's earnings came in at $2.89 billion, or $0.62 per share. This compares with $2.64 billion, or $0.55 per share, in last year's third 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 $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $22.14 billion from $21.08 billion last year.

Comcast Corp. earnings at a glance:

-Earnings (Q3): $3.01 Bln. vs. $2.45 Bln. last year. -EPS (Q3): $0.65 vs. $0.51 last year. -Analysts Estimate: $0.61 -Revenue (Q3): $22.14 Bln vs. $21.08 Bln last year.