PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported second-quarter net income of $11.12 billion.
The Philadelphia-based company said it had net income of $2.98 per share. Earnings, adjusted for one-time gains and costs, came to $1.25 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The cable provider posted revenue of $30.31 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $29.84 billion.
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