Comcast beats earnings expectations on Olympics and Super Bowl boost; shares rise
Connectivity segment shows steady progress comcast ©Mike Mozart Comcast Corporation (NASDAQ:CMCSA) reported first-quarter results that surpassed analyst expectations, supported by strong advertising demand tied to the Milan Cortina Winter Olympics and Super Bowl LX. The company posted adjusted earnings per share of $0.79, exceeding the consensus estimate of $0.72 by $0.07. Revenue came in at $31.46 billion, above forecasts of $30.37 billion and higher than the same period last year. Major sporting events dr ...