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Nasdaq and Dow Jones reverse course as Japan plays hardball over trade, Hasbro earnings impress
Proactiveinvestors NA· 2025-04-24 12:08
US stock indices seemed to be heading for a moderately positive start to trading on Thursday, before reports emerged from Japan that dented the market's confidence. Futures for the S&P 500 were down 0.25% at the time of publication, having been up almost as much the other way an hour earlier. Dow Jones futures were down 0.5% and those for the Nasdaq were 0.3% in arrears. The spark that hit markets was a report that Japan intends to push back against any US effort to bring it into an economic bloc aligned ...
Comcast(CMCSA) - 2025 Q1 - Quarterly Results
2025-04-24 11:07
Financial Performance - Comcast reported consolidated revenue of $29.887 billion for Q1 2025, a decrease of 0.6% compared to Q1 2024[3] - Adjusted EBITDA increased by 1.9% to $9.532 billion, while adjusted EPS rose by 4.5% to $1.09[4] - Free cash flow reached $5.421 billion, representing a 19.4% increase year-over-year[4] - Net income attributable to Comcast Corporation for the first quarter was $3,375 million, down from $3,857 million in 2024[45] - Diluted earnings per share decreased to $0.89 from $0.97 in the prior year[45] - Net income for Q1 2025 was $3,296 million, a decrease of 12.7% from $3,777 million in Q1 2024[46] - Adjusted net income for Q1 2025 was $4,132 million, a slight decrease of 0.9% from $4,171 million in Q1 2024[53] Revenue Breakdown - Connectivity revenue grew by 4.1% to $11.3 billion, driven by domestic broadband and wireless services[4] - Total revenue for Studios increased by 3.0% to $2,826 million, with content licensing revenue rising by 3.5% to $2,174 million[24] - Domestic advertising revenue decreased by 6.8% to $1,886 million, while international networks revenue increased by 13.9% to $1,162 million[22] - Theme Parks revenue decreased by 5.2% to $1,876 million, primarily due to lower guest attendance impacted by the Hollywood wildfires[26] Operational Metrics - Total customer relationships for Connectivity & Platforms decreased by 228,000 to 51.4 million, with domestic broadband customer losses of 199,000[11] - Total domestic wireless lines increased by 323,000, marking the highest additions in two years[3] - Capital expenditures decreased by 14.4% to $2.3 billion, reflecting lower spending on customer premise equipment[7] - The company reported a decrease in capital expenditures to $2,252 million, down 14.4% from $2,630 million in the previous year[50] Shareholder Returns - The company returned $3.2 billion to shareholders through $1.2 billion in dividends and $2.0 billion in share repurchases, reducing shares outstanding by 5%[4] Media Performance - Media adjusted EBITDA surged by 21% to $1.0 billion, primarily due to growth from Peacock, which saw a 16% revenue increase to $1.2 billion[4] - Adjusted EBITDA for Media increased by 21.5% to $1,004 million, up from $827 million in the prior year, driven by lower operating expenses and higher revenue[23] Cash Flow and Assets - Net cash provided by operating activities increased to $8,294 million, up 5.7% from $7,848 million in the prior year[50] - Cash and cash equivalents at the end of Q1 2025 were $8,652 million, an increase of 31.8% from $6,586 million at the end of Q1 2024[46] - Total current assets rose to $27,314 million, an increase of 1.9% from $26,801 million at the end of 2024[47] - Total current liabilities increased to $42,325 million, up 6.9% from $39,581 million at the end of 2024[48] Future Plans - Comcast plans to open the Epic Universe theme park in Orlando on May 22, 2025, and is also developing a new theme park in the UK[4] Segment Performance - Adjusted EBITDA for Theme Parks decreased by 32.1% to $429 million, reflecting lower revenue and higher operating expenses[27] - Corporate & Other Adjusted EBITDA loss improved to $311 million from a loss of $329 million in the prior year[30] - Revenue eliminations between segments were $1,449 million, consistent with the prior year period[32]
康卡斯特2025年Q1营收298.87亿美元,市场预期297.6亿美元
news flash· 2025-04-24 11:02
康卡斯特2025年Q1营收298.87亿美元,市场预期297.6亿美元,去年同期300.58亿美元。 ...
Here's what to expect when Comcast reports earnings before the bell
CNBC· 2025-04-24 10:30
Customers enter an Xfinity Store by Comcast on February 24, 2025 in San Francisco, California. (Photo by Justin Sullivan/Getty Images)Comcast reports first-quarter earnings Thursday morning, and investors will be focused on updates on its broadband and mobile businesses.Here's how the company is expected to perform for the quarter according to average analyst estimates from LSEG: Earnings per share: 98 cents expectedRevenue: $29.77 billion expectedBroadband customer growth has stalled for Comcast and its pe ...
Comcast RISE Program Kicks Off with Community Leaders and Small Business Owners, Panel Discussion on Overcoming Small Business Obstacles in Today's Economic Climate
Prnewswire· 2025-04-23 14:18
Small businesses urged to tap technology, seize opportunities for support GRAND RAPIDS, Mich., April 23, 2025 /PRNewswire/ -- West Michigan small business owners, community leaders and Comcast representatives gathered last night to discuss how businesses can overcome challenges in today's economic environment and take advantage of upcoming grant opportunities with Comcast RISE. Former Comcast RISE recipients, Angelita Valdez, owner Servicios de Esperanza, from left, Reynelda Jones, founder and lead therapis ...
Why cable companies like Comcast and Charter are leaning into mobile service
CNBC· 2025-04-23 13:15
In this article But the growth in mobile hasn't yet equated to growth in the companies' stock prices. Investors have largely shrugged at the strides made in mobile, likely due to the intense focus on broadband, industry executives and analysts told CNBC. 10'000 Hours | Digitalvision | Getty Images Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry's foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than ...
Comcast Donates $50,000 to Support Storm Relief in Arkansas and Tennessee
Prnewswire· 2025-04-22 15:47
The donation aims to help nonprofit organizations impacted by recent severe storms by contributing to their efforts to provide vital resources to impacted families and businesses. ATLANTA, April 22, 2025 /PRNewswire/ -- Comcast is proud to announce a donation of $50,000 to support nonprofit organizations in Arkansas and Tennessee following recent severe storms. This contribution will aid in providing essential resources to families and businesses affected by tornadoes and flooding. Comcast's commitment to t ...
Comcast to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-04-22 15:20
Comcast (CMCSA) is scheduled to report its first-quarter 2025 results on April 24.The Zacks Consensus Estimate for first-quarter earnings is pegged at 98 cents per share, indicating a downward revision by 3 cents over the past 30 days. The figure indicates a 5.77% decrease from the year-ago quarter’s reported figure.The consensus mark for revenues is pegged at $29.68 billion, indicating a 1.25% decline from the year-ago quarter’s reported figure.CMCSA’s earnings beat the Zacks Consensus Estimate in each of ...
Comcast (CMCSA) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-04-18 14:20
Core Viewpoint - Comcast is expected to report quarterly earnings of $0.98 per share, reflecting a 5.8% decline year-over-year, with revenues projected at $29.68 billion, a decrease of 1.3% compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1.4%, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenue- Residential Connectivity & Platforms- Domestic Wireless' to be $1.16 billion, indicating a year-over-year increase of 19.3% [5]. - 'Revenue- Content & Experiences- Theme Parks' is projected to reach $1.92 billion, reflecting a decrease of 3.1% from the prior year [5]. - 'Revenue- Content & Experiences- Media' is expected to be $6.37 billion, showing a slight decline of 0.1% year-over-year [6]. - 'Revenue- Residential Connectivity & Platforms- Video' is estimated at $6.47 billion, indicating a 6% decrease compared to the previous year [6]. Customer Metrics - 'Domestic Broadband - Residential Customers' is projected to reach 29.25 million, down from 29.69 million in the same quarter last year [7]. - 'Domestic Broadband - Business Customers' is expected to be 2.46 million, compared to 2.5 million reported in the same quarter last year [7]. - 'Total Domestic Video Customers' is forecasted at 12.13 million, down from 13.62 million in the previous year [8]. - 'Total Domestic Broadband Customers' is projected to be 31.71 million, compared to 32.19 million reported last year [8]. - 'Customer relationships - Domestic Residential Connectivity & Platforms Customer Relationships' is expected to reach 31.04 million, down from 31.56 million in the same quarter last year [9]. - 'Customer relationships - International Residential Connectivity & Platforms Customer Relationships' is estimated at 17.77 million, slightly down from 17.78 million year-over-year [10]. - 'Customer relationships - Business Services Connectivity Customer Relationships' is projected at 2.62 million, compared to 2.63 million last year [10]. - 'Customer relationships - Total Connectivity & Platforms Customer Relationships' is expected to be 51.44 million, down from 51.97 million in the same quarter last year [11]. Stock Performance - Comcast shares have decreased by 6.8% over the past month, closely mirroring the 6.9% decline of the Zacks S&P 500 composite [12].
Comcast Unveils 5-Year Xfinity Guarantee Plan: How to Play the Stock
ZACKS· 2025-04-17 16:25
Comcast (CMCSA) recently introduced a five-year price guarantee for new Xfinity Internet customers. The nationwide offer includes unlimited data and a high-performance WiFi gateway for a flat monthly rate starting at $55. With no annual contract required, the rate remains locked in for five years, and customers can cancel at any time without facing penalties.The price guarantee is part of Xfinity’s broader push to provide transparent, consistent pricing across the country while enhancing the value of its hi ...