Comcast Q1 Earnings Top Views, Raises Stock Buyback

By | May 4, 2015

Scalper1 News

Comcast (CMCSA) early Monday said Q1 earnings minus items rose 16% to 79 cents, topping views, and raised its 2015 stock repurchase program by nearly 60% to $6.75 billion after recently ending its bid to acquire Time Warner Cable (TWC). The No. 1 cable TV company said revenue rose 2.6% to $17.9 billion, also topping Wall Street consensus estimates. Analyst polled by Thomson Reuters had modelled EPS of 74 cents on revenue of $17.4 billion. Scalper1 News

Scalper1 News