Comcast (CMCSA $28.73 +1.48) reported fourth quarter earnings of $0.47 per share, $0.05 better than the Capital IQ of $0.42, while revenues rose 54.7% year/year to $15.04 billion versus the $14.92 billion consensus.
The company's Board has authorized a new $6.5 billion stock repurchase program. The company plans to repurchase $3.0 billion during 2012, subject to market conditions, representing a 40% increase over the $2.1 billion repurchased in 2011. In addition, company announced that it increased its dividend by 44% to $0.65 per share on an annualized basis.






