Comcast Reports Low Earnings (1 Viewer)

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Geronimo

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http://biz.yahoo.com/rb/041027/media_comcast_earns_5.html

hird-quarter net income was $220 million, or 10 cents a share. Among analysts polled by Reuters Estimates, the average profit forecast was 13 cents a share. Among analysts polled by Thomson Financial/First Call, the average forecast was 11 cents a share.

A year earlier, net earnings were $3.18 billion, or $1.41 a share a year, including a one-time gain of $3.29 billion, or $1.48 a share, from the sale of its stake in the QVC shopping channel.

Revenue rose 12 percent to $5.09 billion from $4.55 billion a year earlier. Analysts' average forecast was $5.02 billion, according to Reuters Estimates.


High Speed internet is growing faster than predicted however.
 
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