Comcast Shocker: Cord-Cutting Slows, Wireless Soars in Q3 Earnings
Earnings Beat Expectations (Despite Olympic Comparisons) Comcast’s Q3 results trounced Street forecasts. Net income of $3.33 billion (¥8.2% YoY) translated to $0.90 GAAP EPS, or $1.12 adjusted EPS (vs. ≈$1.10 consensus) on $31.2 billion