Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Comcast announced earnings per share of $0.84 on revenue of $28.55B. Analysts polled by Investing.com anticipated EPS of $0.6576 on revenue of $27.13B.
Comcast shares are up 10% from the beginning of the year, still down 1.91% from its 52 week high of $59.11 set on May 10. They are under-performing the Nasdaq 100 which is up 16.53% from the start of the year.
Comcast follows other major Communication Services sector earnings this month
Comcast's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.26 on revenue of $61.88B, compared to forecasts EPS of $19.33 on revenue of $56.19B.
Alphabet A had beat expectations on Tuesday with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.24 on revenue of $56.19B.
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