Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Comcast announced earnings per share of $0.56 on revenue of $27.71B. Analysts polled by Investing.com anticipated EPS of $0.4863 on revenue of $26.81B.
Comcast shares are down 7% from the beginning of the year and are trading at $48.42 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 1.74% from the start of the year.
Comcast follows other major Services sector earnings this month
Comcast's report follows an earnings missed by Netflix on Tuesday, January 19, 2021, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, compared to forecast for EPS of $1.17 on revenue of $34.49B.
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