© Reuters. Comcast’s earnings and revenue outperformed in the first quarter
Investing.com – Comcast (NASDAQ 🙂 reported on Thursday first quarter that it beat analyst forecasts and revenue was higher than expectations. Comcast announced earnings per share of $ 0.76 on revenue of $ 27.21 billion. Analysts surveyed by Investing.com anticipated EPS of $ 0.5852 on revenue of $ 26.72B. Comcast shares are up 15% since the beginning of the year, still down from 7.65% from their 52-week high of $ 58.58 set on March 16. They are outperforming the Nasdaq, which is up 9.02% since the beginning of the year. Comcast Tracks Other Major Service Sector Gains This Month Comcast’s report tracks earnings from Visa A on Tuesday, which reported EPS of $ 1.38 on revenue of $ 5.73B, compared to EPS forecast of $ 1.27 on income of $ 5.56B. Verizon beat expectations on April 21 with a first quarter EPS of $ 1.31 on revenue of $ 32.9B, compared to the EPS forecast of $ 1.29 on revenue of $ 32.46B. Stay up-to-date on all upcoming earnings reports by visiting the Investing.com earnings calendar.