Investing.com - Comcast (NASDAQ:CMCSA) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.64 on revenue of $27.85B. Analysts polled by Investing.com expected EPS of $0.63 on revenue of $27.55B. That compared to EPS of $0.49 on revenue of $21.92B in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $22.14B in the previous quarter.
For the year, Comcast shares are up 2.7%, under-performing the Nasdaq which is up 7.89% year to date.
Comcast follows other major Services sector earnings this month
On Thursday, January 17, 2019, Netflix reported fourth quarter EPS of $0.3 on revenue of $4.19B, compared to forecasts of EPS of $0.24 on revenue of $4.21B.
Prologis earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $0.94 on revenue of $679.2M. Investing.com analysts expected EPS of $0.42 on revenue of $661.86M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar