Comcast (CMCSA) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.

Earlier in October, Comcast reported a top and bottom-line beat in its third quarter earnings report and hinted at divesting its cable operations due to a deteriorating scenario for the industry. The company has faced pressure recently as people are moving to streaming platforms.

Comcast Corp (CMCSA) stock saw a modest uptick, ending the day at $37.62 which represents a slight increase of $0.15 or 0.40% from the prior close of $37.47. The stock opened at $37.36 and touched a low of $37.