Comcast Corp reports results for the quarter ended December 31 - Earnings Summary

• Comcast Corp CMCSA.OQ reported quarterly adjusted earnings of 96 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 75 cents to 91 cents per share.

• Revenue rose 2.1% to $31.92 billion from a year ago; analysts expected $31.64 billion.

• Comcast Corp's reported EPS for the quarter was $1.24​.

• The company reported quarterly net income of $4.78 billion.

• Comcast Corp shares had fallen by 0.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Comcast Corp is $47.00

This summary was machine generated from LSEG data January 30 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)