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Comcast (CMCSA) stock climbs after topping earnings, revenue estimates
April 25, 2024 7:14 AM EDTComcast (NASDAQ: CMCSA) has reported a robust first quarter for 2024, with adjusted earnings per share (EPS) and revenue surpassing analyst estimates. The company announced an adjusted EPS of $1.04, which is $0.05 higher than the consensus estimate of $0.99. Revenue for the quarter was also ahead of expectations, coming in at $30.06 billion against the predicted $29.84 billion. This news prompted a positive market response, with Comcast shares inching up by 1.9%.
The telecommunications giant attributed its strong performance to... More
