Comcast Shares Rise on Q3 Earnings Beat, Revenues Increase Y/Y

Comcast (CMCSA) reported third-quarter 2024 adjusted earnings of $1.12 per share, which beat the Zacks Consensus Estimate by 5.66% and increased 3.7% year over year.Consolidated revenues increased 6.5% year over year to$ 32.07 billion and beat the Zacks Consensus Estimate by 0.86%.CMCSA shares were up more than 4% in pre-market trading. On a year-to-date basis, shares have lost 3.7% compared with the Zacks Consumer Discretionary sector’s appreciation of 5.4%.CMCSA’s Quarter DetailsComcast lost 87K domestic ...