Comcast’s stock rises after earnings beat, continued wireless growth

Shares of Comcast Corp.

are up 1.7% in Thursday’s premarket trading after the media giant topped expectations with its second-quarter revenue and profit. Comcast recorded net income of $4.3 billion, or $1.02 a share, compared with $3.4 billion, or 76 cents a share, in the year-earlier period. On an adjusted basis, Comcast earned $1.13 a share, while the FactSet consensus was for 98 cents a share. Revenue increased to $30.5 billion from $30.0 billion, while analysts were modeling $30.1 billion.

are up 1.7% in Thursday’s premarket trading after the media giant topped expectations with its second-quarter revenue and profit. Comcast recorded net income of $4.3 billion, or $1.02 a share, compared with $3.4 billion, or 76 cents a share, in the year-earlier period. On an adjusted basis, Comcast earned $1.13 a share, while the FactSet consensus was for 98 cents a share. Revenue increased to $30.5 billion from $30.0 billion, while analysts were modeling $30.1 billion.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Alphabet stock jumps on earnings while Microsoft shares dip, and other stocks on the moveAlphabet, Microsoft, Dish Networks and PacWest Bancorp are among the stocks in the spotlight.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Company involved in NYC crane collapse tied to previous disasters, shady ‘King of Cranes’The company that owns the crane that caught fire and partially collapsed in Hudson Yards, was founded by a shady construction magnate and self-proclaimed “King of Cranes” whose machines were involved in two deadly incidents more than a decade ago.
Fuente: nypost - 🏆 91. / 67 Leer más »

Company involved in NYC crane collapse tied to previous disasters, shady ‘King of Crane’New York City Crane & Equipment Corp. was founded and operated by controversial businessman James Lomma.
Fuente: nypost - 🏆 91. / 67 Leer más »

Microsoft earnings top estimates, but stock falls as investors await forecastMicrosoft easily topped profit and revenue expectations for its latest quarter, though its shares were moving lower in after-hours trading. $MSFT generated fiscal Q4 net income of $20.1 billion, compared with $16.7 billion in the year-earlier period.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »