Inside CMCSA’s Results
The company reported fourth quarter earnings of $1.925 billion, or 74 cents per share, up from $1.91 billion, or 72 cents per share, last year. Adjusted EPS came in at 77 cents – below analysts’ view of 78 cents.
For FY2014, Comcast reported EPS of $3.20, compared to $2.56 in 2013. Adjusted EPS was $2.93, below analysts’ view of $3.23.
Revenue
Revenue rose to $17.73 billion from $16.93 billion. On average, analysts expected to see revenue of $17.68 billion.
For FY2014, revenue rose 6% to $68.78 billion and beat analysts’ view of $68.74 billion.
Dividends, Buybacks and the TWC Deal
The spotlight has been on the proposed deal for Comcast to acquire Time Warner Cable (TWC) in a $45.2 billion deal. While it’s uncertain if this deal will be approved by regulators, approval of the deal would result in Comcast gaining control of half of the the high-speed broadband market in the U.S.
Mutual Funds to Watch
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market Index | 1.52% |
DODGX | Dodge & Cox | 1.06% |
VWELX | Vanguard Wellington | 0.99% |