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Comcast, Peacock
Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates. Revenue of $31.9 billion topped the Street’s expectations for $31.6 billion, rising 2% over the year-ago period, while adjusted earnings per share of 96 cents were a dime better than the consensus forecast.
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit.
Comcast's Q4 Profit Boosted by ‘Wicked,' Peacock
Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.
Comcast Corp. Q4 Profit Increases, Beats Estimates
Comcast Corp. (CMCSK) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates. The
Comcast beats on top and bottom lines in Q4, shares slightly down
Comcast Corp (NASDAQ:CMCSA) reported fourth-quarter top and bottom lines above analyst expectations, though the company's shares still fell 1% in premarket trading Thursday following the print's release.
Comcast Stock Plunges
Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.
Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
1h
on MSN
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
13h
on MSN
Comcast reports earnings before the bell — here's what to expect
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the ...
36m
Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves
Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...
7h
Wall Street Lunch: GDP Falls Short Of Consensus
In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which ...
13h
Comcast: Q4 Earnings Snapshot
PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1 ...
36m
Pivotal Research Sticks to Its Buy Rating for Comcast (CMCSA)
In a report released yesterday, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Comcast (CMCSA – Research Report), with a ...
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