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Comcast's Q4 Adjusted Earnings, Revenue Rise; Lifts Quarterly Dividend; Sets $15 Billion Share Buyback Plan
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Comcast's Q4 Adjusted Earnings, Revenue Rise; Lifts Quarterly Dividend; Sets $15 Billion Share Buyback Plan
Jan 30, 2025 4:51 AM

07:25 AM EST, 01/30/2025 (MT Newswires) -- Comcast ( CMCSA ) reported adjusted earnings Thursday of $0.96 per share, up from $0.84 a year earlier.

Analysts polled by FactSet expected $0.86.

Revenue for the quarter ended Dec. 31 was $31.92 billion, up from $31.25 billion a year earlier.

Analysts surveyed by FactSet expected $31.61 billion.

Comcast ( CMCSA ) said it has increased its quarterly dividend to $0.33 per share, from $0.31 per share in the most recent quarter. The higher dividend is payable April 23 to shareholders of record on April 2.

The company said its board has approved a new share buyback program authorization of $15 billion, which will begin on Friday and has no expiration date.

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