Comcast Q2 2024 Adj EPS $1.21 Beats $1.12 Estimate, Sales $29.688B Miss $30.021B Estimate
Portfolio Pulse from Benzinga Newsdesk
Comcast (NASDAQ:CMCSA) reported Q2 2024 adjusted EPS of $1.21, beating the estimate of $1.12. However, sales of $29.688 billion missed the $30.021 billion estimate and decreased by 2.70% year-over-year.

July 23, 2024 | 11:00 am
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Comcast's Q2 2024 earnings per share beat estimates, but sales missed expectations and declined year-over-year.
While Comcast's EPS beat expectations, the miss on sales and the year-over-year decline in revenue may offset the positive sentiment from the earnings beat. This mixed result is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100