Comcast Q1 Profit Beats Estimates But Olympics Comparison Dings NBCUniversal
Comcast beat Wall Street forecasts for first-quarter earnings, coming in at 77 cents a share, well ahead of the consensus estimate of 68 cents.
Revenue rose 18% to $26.9 billion, but fell short of forecasts for $27.3 billion, largely due to comparisons with a 2018 quarter that included the Winter Olympics and the…
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