Comcast beats 3Q profit forecasts
Comcast is reporting third-quarter net income of $2.65 billion, easily topping Wall Street expectations.
The Philadelphia company's per-share earnings came to 55 cents, or 52 cents when one-time benefits and charges are stripped away. That's 6 cents better than industry analysts had forecast, according to a survey by Zacks Investment Research.
The cable provider's revenue of $20.98 billion was short of Wall Street forecasts $21.11 billion, and shares edged lower before the opening bell Thursday.
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Comcast beats 3Q profit forecasts (2017, October 26)
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