Comcast profit drops on film sales, beats Wall Street estimates

NEW YORK (Reuters) – Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. Shares of the largest U.S. cable operator and high-speed internet provider were up 2.7 percent at $69 in premarket trading.


Source: ReutersBusinessNews

Comcast profit drops on film sales, beats Wall Street estimates