Comcast (NASDAQ:CMCSA) reported better-than-expected results for the third quarter.
EPS of $1.08 topped analyst consensus of $0.95 while revenue of $30.12 billion came in ahead of the expected $29.72 billion.
“We delivered strong financial results in the third quarter, while also investing in long-term growth, accelerating share repurchase activity and maintaining our healthy balance sheet," said Brian L. Roberts, chairman and chief executive officer of Comcast Corporation.
While Studios revenue fell 24% YoY to $2.52B, Theme Parks rose 17% to $2.42B.
Sales at Peacock surged 64% on an annual basis to $830M with the number of subscribers now standing at 28M, up from the expected 26.42M.
Comcast shares fell 1.2% in pre-open Thursday.