Comcast Rose Over 2% in Premarket Trading after Posting Its Financial Result-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Comcast Rose Over 2% in Premarket Trading after Posting Its Financial Result

Tiger Newspress2022-01-27

Comcast rose over 2% in premarket trading after posting its financial result.

Comcast Corporation(NASDAQ: CMCSA) today reported results for the quarter and year ended December 31, 2021.

Revenue for the fourth quarter of 2021 increased 9.5% to$30.3 billion.Net Income Attributable to Comcastdecreased 9.6% to$3.1 billion. Adjusted Net Income increased 35.1% to$3.5 billion. Adjusted EBITDA increased 17.0% to$8.4 billion.

For the twelve months ended December 31, 2021, revenue increased 12.4% to$116.4 billion compared to 2020. Net income attributable to Comcast increased 34.4% to$14.2 billion. Adjusted Net Income increased 24.8% to$15.0 billion. Adjusted EBITDA increased 12.6% to$34.7 billion.

Earnings per Share (EPS)for the fourth quarter of 2021 was$0.66, a decrease of 9.6% compared to the prior year period. Adjusted EPSincreased 37.5% to$0.77.

For the twelve months ended December 31, 2021, EPS was $3.04, a 33.3% increase compared to 2020. Adjusted EPS increased 23.8% to $3.23.

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2296c438
·2022-01-27
[Miser]
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uncle paul
·2022-01-27
Buy ?
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Zero_onezero
·2022-01-27
Dk leh
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evauoz
·2022-01-27
Buy?
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SSSG
·2022-01-27
Good
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