Comcast announced fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The company reported earnings per share of $0.79 on revenue of $28.40B. Analysts polled by forecast EPS of $0.77 on revenue of $28.21B. That compared to EPS of $0.64 on revenue of $27.85B in the same period a year before. Comcast had reported EPS of $0.79 on revenue of $26.83B in the prior quarter.
Analysts are forecasting EPS of $0.8 and revenue of $27.61B in the upcoming quarter.
Comcast stock's are up 5.49% since the start of the year , still down 0.63% from its 52 week high of $47.74 set on January 17.
Comcast follows other major Services sector earnings this month
On Tuesday, Netflix announced fourth quarter EPS of $1.3 on revenue of $5.47B, was in comparison to a forecasts for EPS of $0.52 on revenue of $5.45B.
Prologis earnings beat analysts' expectations on Wednesday, with fourth quarter EPS of $0.63 on revenue of $723.86M. analysts forecast EPS of $0.41 on revenue of $716.96M
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