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Comcast, Peacock
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
Comcast has Wicked quarter, but broadband losses spell trouble
Comcast has described the loss of 139,000 broadband subscribers in the fourth quarter as disappointing. The performance cast a shadow over the success of Wicked for the Sky owner. The movie, at over $700 million at the global box office, has become the highest grossing film based on a Broadway musical.
13h
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.
Advanced Television
23h
Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 ...
1d
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Revenue rose 2% to $31.92 billion, generated by increases in its U.S. wireless operations, the success of “Wicked” and “The ...
23h
Peacock Lost $372 Million in the Final Quarter of 2024
Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...
15h
‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M
Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.
1d
on MSN
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 ...
1d
on MSN
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...
23m
on MSN
'2025 is the reset year:' BofA downgrades Comcast stock to Neutral
Bank of America downgraded Comcast Corp (NASDAQ:CMCSA) shares on Friday, while also reducing the price objective (PO) from $50 to $38.
1d
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.
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