Comcast profit tops estimates on video subscribers, film success [Reuters]
Comcast Corporation - Class A (CMCSA)
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Source: Reuters
A technician's vehicle sits in the parking lot at a Comcast facility in Lawrence, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder By Anjali Athavaley | NEW YORK NEW YORK Comcast Corp ( CMCSA.O ) quarterly profit topped estimates as the No. 1 U.S. cable operator added video subscribers, and movies such as "Fifty Shades Darker" and "Get Out" drove an increase in filmed entertainment revenue. Net income attributable to Comcast rose 20.2 percent to $2.57 billion, or 53 cents a share, during the company's first quarter ended March 31, the company said on Thursday. Revenue rose 8.9 percent to $20.46 billion. Analysts had expected earnings of 44 cents per share and revenue of $20.12 billion, according to Thomson Reuters I/B/E/S. Comcast is facing pressure in its cable television business as younger viewers shun bigger cable b
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