Categories AlphaGraphs, Earnings, Technology

Infographic: Comcast (CMCSA) stock gains as Q3 results top expectations

Telecommunications company Comcast Corp. (NASDAQ: CMCSA) reported lower earnings and revenues for the third quarter of 2020. The results, however, came in above the market’s projection and the company’s stock gained early Thursday.

Comcast Q3 2020 Earnings Infographic

Adjusted earnings dropped to $0.65 per share from $0.79 per share last year, but exceeded Wall Street’s prediction. Net income, on a reported basis, was $2.02 billion or $0.44 per share, compared to $3.22 billion or $0.70 per share in the third quarter of 2019.

Revenues declined 4.8% annually to $25.53 billion during the three-month period. Analysts were looking for a smaller top-line amount. Total customer relationship net additions in cable communications were a record of 556,000.


Read management/analysts’ comments on Comcast’s Q3 results


Comcast’s stock closed the last trading session lower but gained about 2% during Thursday’s pre-market session, immediately after the announcement.

  • Comcast (CMCSA) reports a rise in Q2 2019 earnings and revenue
  • Comcast Corporation (NASDAQ: CMCSA) reported a 14% growth in earnings for the first quarter of 2019.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

SNAP Earnings: All you need to know about Snap’s Q2 2021 earnings results

Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today. Revenues increased 116% year-over-year to $982 million. Net loss amounted to $151.6 million, or $0.10 per share, compared to

TWTR Earnings: Twitter swings to profit in Q2 as revenues surge 74%; results beat

Microblogging platform Twitter, Inc. (NYSE: TWTR) Thursday reported a profit for the second quarter of fiscal 2021, compared to a loss last year. Both earnings and revenue came in above

Earnings Infographic: Intel (INTC) Q2 2021 profit, revenue beat estimates

Intel Corporation (NASDAQ: INTC) Thursday reported financial results for the second quarter of 2021. The revenue was reported at $19.6 billion compared to $19.7 billion in the previous year's second

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