Comcast: EPS inflated by tax reform
(CercleFinance.com) - Comcast has reported Q4 2017 EPS of that has increased six-fold to 3.
17 dollars, inflated by a positive impact resulting from the US tax reform on its deferred tax liabilities.
The cable operator and parent company of NBCUniversal's adjusted EPS rose 8.9% to 49 cents, with stable adjusted EBITDA of 6.8 billion dollars and revenue up 4.2% at 21.9 billion dollars.
Benefiting from FY 2017 adjusted EPS that is up 18.4% at 2.06 dollars, Comcast has raised its dividend for 2018 by 21% to 76 cents per share on an annualized basis. It also plans to make share buybacks of at least 5 billion dollars this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
17 dollars, inflated by a positive impact resulting from the US tax reform on its deferred tax liabilities.
The cable operator and parent company of NBCUniversal's adjusted EPS rose 8.9% to 49 cents, with stable adjusted EBITDA of 6.8 billion dollars and revenue up 4.2% at 21.9 billion dollars.
Benefiting from FY 2017 adjusted EPS that is up 18.4% at 2.06 dollars, Comcast has raised its dividend for 2018 by 21% to 76 cents per share on an annualized basis. It also plans to make share buybacks of at least 5 billion dollars this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.