Comcast announced earnings per share of $0.69 on revenue of $23.72B. Analysts polled by Investing.com anticipated EPS of $0.55 on revenue of $23.58B.
Comcast shares are down 2% from the beginning of the year , still down 8.04% from its 52 week high of $47.74 set on January 17. They are under-performing the Nasdaq which is up 17.5% from the start of the year.
Comcast’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.06 on revenue of $4.84B, compared to forecasts EPS of $1.03 on revenue of $4.82B.
Verizon had beat expectations on July 24 with second quarter EPS of $1.18 on revenue of $30.45B, compared to forecast for EPS of $1.15 on revenue of $29.92B.
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