Comcast Topped Q4 Estimates, Top Line Up 7%

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Comcast Corp. (NASDAQ:CMCSA) reported Q4 net income attributable to the company of $0.36 per share and net income attributable to the company, ex-items, of $0.35 per share. On average, analysts expected EPS of $0.32. Revenues for the quarter rose 7.2% year-over-year to $9.72 billion, ahead of consensus estimates of $9.58 billion.Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, "I am pleased to report healthy results for 2010, marked by accelerating growth during the year and real strength in financial and customer metrics in the fourth quarter. These results highlight effective execution in our residential, commercial and programming businesses, as well as the positive impact of a robust advertising market. Our results also demonstrate that our ongoing investments in technology and in products and services, combined with our focus on enhancing the customer experience, are bearing fruit."

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