The Philadelphia-based cable company reported fourth-quarter revenue of $28.4 billion, beating the Wall Street consensus estimate of $28.17 billion, according to IBES data from Refinitiv. The business generated fourth-quarter revenue of $5.04 billion, beating the average estimate of $4.82 billion. Comcast continued to lose cable TV subscribers as viewers flocked to streaming services, but those losses happened at a greater rate than Wall Street expected. …read more
Source:: Yahoo Finance
