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Comcast (CMCSA) Q3 Earnings Beat Estimates, Revenues Miss
Comcast CMCSA reported third-quarter 2019 adjusted earnings of 79 cents per share that beat the Zacks Consensus Estimate by a penny. The figure increased 16.2% year over year.
Consolidated revenues increased 21.2% year over year to $26.83 billion but lagged the Zacks Consensus Estimate of $26.86 billion.
However, revenues on a pro-forma basis (considering the Sky transaction on Jan 1, 2017) were flat year over year.
Cable Communication Revenue Details
Revenues climbed 4% from the year-ago quarter to $14.58 billion. Total Customer Relationships increased 309K to 31.2 million.
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https://finance.yahoo.com/news/comcast-c...03777.html
![[Bild: CMCSAc1dl1440.png]](https://finviz.com/publish/102419/CMCSAc1dl1440.png)
Comcast CMCSA reported third-quarter 2019 adjusted earnings of 79 cents per share that beat the Zacks Consensus Estimate by a penny. The figure increased 16.2% year over year.
Consolidated revenues increased 21.2% year over year to $26.83 billion but lagged the Zacks Consensus Estimate of $26.86 billion.
However, revenues on a pro-forma basis (considering the Sky transaction on Jan 1, 2017) were flat year over year.
Cable Communication Revenue Details
Revenues climbed 4% from the year-ago quarter to $14.58 billion. Total Customer Relationships increased 309K to 31.2 million.
...
https://finance.yahoo.com/news/comcast-c...03777.html
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