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Comcast tops expectations as it squeezes out a small gain in broadband subscribers

Comcast tops expectations as it squeezes out a small gain in broadband subscribers

Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth.

The company’s shares jumped more than 7% Thursday morning.

Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:

  • Earnings per share: 96 cents, adjusted vs. 90 cents expected
  • Revenue:…


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