Comcast: Q4 beats consensus
(CercleFinance.com) - Comcast has reported Q4 adjusted EPS that is up 36.
2% at 64 cents, beating the consensus by two cents, with the group's adjusted EBITDA increasing by 21.6% to 8.2 billion dollars.
At 27.8 billion dollars, cable operator and parent company of NBCUniversal posted revenues that are up 26.1%. In pro-forma terms, integrating the Sky deal, revenues increased by 5.2%.
Reporting adjusted EPS that rose by 25.6% to 2.55 dollars over the past year, Comcast will propose a 10% increase in its dividend per share to 84 cents on an annualised basis for 2019.
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