Watch CBS News
PHILADELPHIA (AP) _ Comcast Corp. (CMCSA) on Thursday reported first-quarter net income of $3.55 billion.
The Philadelphia-based company said it had profit of 78 cents per share. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The cable provider posted revenue of $31.01 billion in the period, which also beat Street forecasts. Thirteen analysts surveyed by Zacks expected $30.52 billion.
_____
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