Comcast reported Q3 non-GAAP earnings per share of $1.07, beating analyst estimates by $0.08. The company's revenue reached $29.3 billion, surpassing expectations by approximately $80 million. However, residential connectivity revenue declined during the quarter, driven by losses in broadband and video subscribers.
Comcast reported a contraction in its core residential connectivity segment for Q3 2026, as broadband and video subscriber losses continued to impact performance.
Read the full storyCMCSA shares fell 1.3% to $22.08 as the company reported a 6.1% revenue decline, even as net income and earnings per share beat consensus estimates.