PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported third-quarter profit of $3.33 billion.
On a per-share basis, the Philadelphia-based company said it had profit of 90 cents. Earnings, adjusted for amortization costs and non-recurring costs, were $1.12 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The cable provider posted revenue of $31.2 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $30.63 billion.
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