Comcast Corp. (CMCSA) released a profit for first quarter that Drops, from the same period last year
The company's earnings totaled $2.174 billion, or $0.60 per share. This compares with $3.375 billion, or $0.89 per share, last year.
Excluding items, Comcast Corp. reported adjusted earnings of $2.863 billion or $0.79 per share for the period.
The company's revenue for the period rose 5.3% to $31.457 billion from $29.887 billion last year.
Comcast Corp. earnings at a glance (GAAP) :
-Earnings: $2.174 Bln. vs. $3.375 Bln. last year.-EPS: $0.60 vs. $0.89 last year.-Revenue: $31.457 Bln vs. $29.887 Bln last year.
CMCSA was up by 5.52% at $30.99 in the pre-market trade on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.