Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Comcast announced earnings per share of $0.65 on revenue of $25.53B. Analysts polled by Investing.com anticipated EPS of $0.5 on revenue of $24.75B.
Comcast shares are down 6% from the beginning of the year and are trading at $41.98 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.65% from the start of the year.
Comcast follows other major Services sector earnings this month
Comcast's report follows an earnings beat by Visa A on Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.
Verizon had beat expectations on Wednesday, October 21, 2020 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.
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