Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Comcast announced earnings per share of $0.76 on revenue of $27.21B. Analysts polled by Investing.com anticipated EPS of $0.5852 on revenue of $26.72B.
Comcast shares are up 15% from the beginning of the year, still down 7.65% from its 52 week high of $58.58 set on March 16. They are outperforming the Nasdaq which is up 9.02% from the start of the year.
Comcast follows other major Services sector earnings this month
Comcast's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on April 21 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
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