Comcast Reports Strong Q2 Earnings Nbcuniversal Bounces Back
A key component in Comcast’s positive earnings was NBCUniversal, which posted a 39 percent increase in earnings from Q2 2020. Though much of that gain is due to COVID-related revenue depressions last year, the reported gains at NBCUniversal and its corporate owner nonetheless surpassed expectations. Comcast posted revenue of $28.55 billion versus the $27.18 billion in revenue expected by Wall Street, according to Refinitiv data obtained by CNBC. The positive financial news caused Comcast’s stock to rise around 0....