Comcast Profit Beats Estimates With More Internet Customers
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Comcast Corp., the U.S. cable company seeking to acquire its next-largest rival, reported second-quarter profit that topped estimates as more customers signed up for high-speed Internet service.
Earnings, excluding some items, were 75 cents a share, beating the 72 cents that analysts projected on average, according to estimates compiled by Bloomberg. The Philadelphia-based company added 203,000 broadband customers, according to a statement today, more than the 159,000 that four analysts estimated on average.