Categories AlphaGraphs, Earnings, Other Industries

Infographic: Highlights of Comcast (CMCSA) Q1 2020 earnings report

Comcast Corp. (NASDAQ: CMCSA) reported lower earnings and revenues for the first quarter of 2020. Earnings, meanwhile, came in above the market’s projection and the communication firm’s stock gained early Thursday, after closing the previous session higher.

Comcast (CMCSA) Q1 2020 earnings infographic

Adjusted earnings dropped to $0.71 per share from $0.76 per share last year, but exceeded Wall Street’s prediction. Net income, on a reported basis, was $2.15 billion or $0.46 per share, compared to $3.55 billion or $0.77 per share in the first quarter of 2019.

Revenues declined 1% year-over-year to $26.6 billion. Analysts were looking for a bigger amount. There was a 5% decline in consolidated adjusted EBITDA, while total customer relationships rose 2.6% to 55.8 Million.

Comcast’s stock began 2020 on a dismal note, after surging to an all-time high in the final weeks of last year. The shares lost 10% in the past twelve months and dropped 14% since the beginning of the year.

Most Popular

KB Home (KBH): What did and did not work for the homebuilder in the third quarter

Shares of KB Home (NYSE: KBH) were up slightly on Friday. The stock has dropped 40% year-to-date and 35% over the past 12 months. The company delivered mixed results for

Infographic: A snapshot of Costco’s (COST) Q4 2022 earnings

Warehouse behemoth Costco Wholesale Corporation (NASDAQ: COST) has reported a 15% increase in fourth-quarter 2022 revenues, which translated into double-digit growth in net income. Fourth-quarter revenues increased sharply to $72.09 billion.

FDX Earnings: FedEx Q1 adjusted earnings drop; revenue up 5%

Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top