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Comcast Stock Plunges

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 spinout of its cable TV networks.

Hosted on MSN · 3h

Comcast Stock Is Plunging. Here’s What’s Overshadowing the Earnings Beat.

The cable and entertainment company reported a strong fourth quarter, but investors seemed focused on a drop in broadband customers.

International Business Times · 2h

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 Shares Tumble

Investopedia on MSN · 3h

Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

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. Experts recommend saving 20% of your paycheck, but that can be a challenge. Here are tips for reaching that goal.

Hosted on MSN · 3h

Comcast's steep broadband subscriber losses take shine off strong studio performance

Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.

Bloomberg on MSN · 4h

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.

Comcast beats earnings estimates

Hosted on MSN · 7h

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. But shares of the media conglomerate traded lower on Thursday after the media conglomerate shed 139,

Benzinga.com · 7h

Comcast Q4 Earnings Beat Estimates: Peacock Subscribers Surge 29%, Dividend Raised, $15 Billion Buyback Approved

Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86. Media segment revenue grew 3.5%, Peacock's paid subscribers increased 29%, and Comcast generated $3.

Business Insider · 7h

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

Front Office Sports on MSN37m

Comcast Stock Falls, but Peacock and Sports Rights Provide Hope

The company, however, saw meaningful growth in several parts of its content business, including a 28% revenue surge with its Peacock streaming service to $1.3 billion, as well as ...

1hon MSN

Golf Channel won't change after leaving NBC

As Comcast prepares to spinoff most of its legacy cable assets out from under the NBC umbrella, many golf fans have been left ...

Comcast (NASDAQ:CMCSA) Ultra-Low-Lag Internet Proves Little Help

For communications titan Comcast (CMCSA), the earnings news overshadowed just about everything else. Recent word about a whole new kind of ...

3hon MSN

Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details

Comcast executives spent much of Thursday’s post-earnings conference call on the biggest news of the last few months, its ...

5hon MSN

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said Thursday the company's focus would shift to growing its mobile business after a bigger-than-expected loss of broadband customers. Broadband customer growth has lagged in recent ...

5don MSN

NBC News cuts about 40 staffers as layoffs hit news media

The NBC News layoffs are scattered across the organization. The company is encouraging people to apply for about 12 new roles ...

World Screen3h

Q4 Profit Gain for Comcast Corporation

Net income at Comcast Corporation in Q4 rose almost 47 percent to $4.8 billion on revenues that were 2.1 percent higher at $31.9 billion.

7don MSN

Comcast launches $70 a month Sports & News TV package in bid to attract cord-cutters

The Sports & News TV package will include major news channels like CNBC, CNN, FOX News, and MSNBC give subscribers access to live sports events.

5hon MSN

Comcast Chief on TV Division's Future and Cable Channel Spinoff: ‘We're Running a Broadcast-Plus- Streaming Strategy'

NBCUniversal executives offered one statistic during the company’s Q4 earnings call that explains everything about why parent company Comcast is preparing to spin off the bulk of NBCU’s cable channels ...

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