Comcast Earnings, Revenue beat in Q4

© Reuters. Comcast Earnings, Revenue beat in Q4 – Comcast (NASDAQ:) reported on Thursday fourth quarter 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 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 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 January 19, 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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