Investing.com - Comcast (NASDAQ:CMCSA) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.65 on revenue of $22.14B. Analysts polled by Investing.com forecast EPS of $0.61 on revenue of $21.83B. That compared to EPS of $0.52 on revenue of $20.98B in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $21.74B in the previous quarter.
For the year, Comcast shares are down 15.52%, under-performing the Nasdaq which is up 2.46% year to date.
Comcast follows other major Services sector earnings this month
On Wednesday, Visa (NYSE:V) reported fourth quarter EPS of $1.21 on revenue of $5.43B, compared to forecasts of EPS of $1.2 on revenue of $5.43B.
Verizon (NYSE:VZ) earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.22 on revenue of $32.61B. Investing.com analysts expected EPS of $1.19 on revenue of $32.49B
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