Comcast: Q4 Earnings Snapshot

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PHILADELPHIA (AP) _ Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $3.02 billion.

On a per-share basis, the Philadelphia-based company said it had profit of 70 cents. Earnings, adjusted for amortization costs and investment costs, came to 82 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The cable provider posted revenue of $30.55 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $30.32 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMCSA at https://www.zacks.com/ap/CMCSA