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Comcast Swings To Profit In Q3, Results Top Estimates

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

Comcast Corp. (CMCSA,CMCSK) on Thursday reported a profit for the third quarter compared to a loss last year, reflecting revenue growth as well as lower costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.

However, the company's stock is trading in Thursday's regular session on Nasdaq at $39.73, down $3.02 or 7.06 percent after surprise broadband and video customer net losses in the quarter.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
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