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

Key highlights from Autodesk (ADSK) Q4 2021 earnings results

Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per

Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%

Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus

Virgin Galactic stock tanks on delayed test flight

Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000

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