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Comcast Q1 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Comcast Corp. (CMCSA,CMCSK) reported that its first-quarter net income attributable to Comcast increased to $1.44 billion or $0.54 per share, from $1.22 billion or $0.45 per share last year. Net income attributable to Comcast excluding gain related to sale of wireless spectrum licenses was $1.37 billion or $0.51 per share compared to $1.22 billion or $0.45 per share last year.

Revenue rose to $15.31 billion from $14.88 billion last year. Revenue excluding Super Bowl was $15.31 billion compared to $14.62 billion last year.

On average, 23 analysts polled by Thomson Reuters expected the company to report profit of $0.50 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $15.41 billion for the quarter.

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