Xfinity truck with logo visible, a division of Comcast, on a suburban street in Lafayette, ... [+] California, September 11, 2024. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesComcast is expected to report its Q3 2024 results in the coming weeks. We expect Comcast’s earnings to come in at $1.08 per share, marginally ahead of consensus estimates of $1.07 per share. We project that revenue will stand at about $31.7 billion, roughly in line with consensus estimates and up about 4% compared ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Comcast (CMCSA) , which belongs to the Zacks Cable Television industry.When looking at the last two reports, this cable provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.57%, on average, in the last two quarters.For the most recent quarter, Comcast was expected to post earnings of $1.11 per share, bu ...

These stocks are trading at less than 12 times their estimated future earnings.If you can buy a dividend stock at a cheap valuation, you might not only lock in a high yield, but by buying at a low price, you can also position yourself for a good return down the road. As interest rates come down, these income-generating investments could be in high demand as investors seek out high returns in the equity markets. There may be some extra motivation to buy attractively valued dividend stocks sooner rather than ...

WEST PALM BEACH, Fla. , Oct. 8, 2024 /PRNewswire/ -- Comcast announced today it opened more than 261,000 Xfinity WiFi Hotspots in areas the company serves across Florida. To help residents and emergency personnel stay connected ahead of Hurricane Milton's landfall, the free and public hotspots are now open for anyone to use.Xfinity WiFi hotspots are open for residents across Florida"With this second storm impacting Florida so soon, we want to do all we can to help those affected by Milton stay connected. Wh ...

Comcast (CMCSA) closed the most recent trading day at $40.54, moving -1.59% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.96%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 1.18%.Coming into today, shares of the cable provider had gained 3.99% in the past month. In that same time, the Consumer Discretionary sector gained 6.56%, while the S&P 500 gained 4.3%.Market participants will be closely following the financial results of Comcast i ...

U.S. telecom giant Comcast has warned that cybercriminals stole the personal data of more than 230,000 customers during a ransomware attack on a third-party provider of debt collection services.The breach relates to a February cyberattack on Financial Business and Consumer Solutions (FBCS), a Pennsylvania-based debt collection agency used by Comcast. In a filing with Maine’s attorney general on Friday, Comcast said that FBCS initially told the company in March that the security incident involved no Comcast ...

The donation aims to help residents and emergency personnel impacted by Hurricane Helene and continue providing vital resources to families, loved ones and employees to recover swiftly and safely.ATLANTA, Oct. 3, 2024 /PRNewswire/ -- Comcast NBCUniversal today announced a donation of $500,000 in cash and $500,000 in advertising time for public service announcements in Florida, Georgia, South Carolina, Tennessee and Virginia. As the company works nonstop to repair network damage from the devastating storm, t ...

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Comcast Corporation Conference Call Summary Company Overview - **Company**: Comcast Corporation (NASDAQ: CMCSA) - **Event**: Goldman Sachs Communacopia + Technology Conference - **Date**: September 10, 2024 - **Key Participant**: Michael Cavanagh, President of Comcast Key Points and Arguments Strategic Initiatives - Comcast has undertaken several strategic initiatives including expanding network footprint, strengthening network capabilities, scaling Peacock, and building Epic Universe, set to open in 2025 [2][3] - The company has identified six key businesses that drive revenue growth, representing 60% of the company [3][4] Broadband Business - Comcast has passed 63 million homes with gig-speed symmetrical broadband, with plans to enhance this through DOCSIS 4.0 and AI-driven network innovations [4][5] - The company added 1.2 million new passings in broadband this year, up from 1 million last year [5][6] - Comcast competes effectively against fiber and fixed wireless, focusing on delivering high-value broadband services [6][19] Wireless Services - Comcast's Xfinity Mobile has achieved a 12% penetration rate among broadband homes, providing significant savings for consumers [7][24] - The company views wireless as a critical component of its convergence strategy, enhancing customer satisfaction and retention [24][27] Business Services - Comcast's Business Services segment has a $60 billion market opportunity, with current revenues at $10 billion and $5 billion in EBITDA [8][33] - The company is expanding its focus from small businesses to medium and large enterprises, leveraging acquisitions like Masergy to enhance capabilities [33][36] NBC Universal and Parks - The NBC segment is positioned for long-term growth, with the upcoming launch of Epic Universe expected to be a significant draw [9][47] - Comcast's parks have seen a normalization in demand post-COVID, with new attractions and experiences planned to drive future growth [48] Content and IP Development - Comcast's studios have seen success with franchises like Despicable Me and Jurassic World, with a focus on creating a diverse slate of content [11][50] - The company aims to leverage its content across platforms, enhancing viewer engagement and driving revenue [40][45] Financial Outlook - Comcast maintains a target of 3% to 4% annual ARPU growth, supported by increased consumer value and usage [29][30] - The company is focused on delivering innovative products and services to enhance customer experience and drive financial performance [31][32] Additional Important Insights - The Olympics were highlighted as a successful event for Comcast, showcasing the company's ability to integrate its media and connectivity assets effectively [13][39] - The company is optimistic about the future of its wireless services, viewing them as a key growth area alongside broadband [24][25] - Comcast's approach to competition includes a focus on value-driven offerings, particularly in response to fixed wireless alternatives [18][19] This summary encapsulates the key discussions and insights from the Comcast conference call, highlighting the company's strategic direction, growth initiatives, and market positioning.

Comcast Corporation (NASDAQ:CMCSA) Citi's 2024 Global TMT Conference September 5, 2024 8:20 AM ET Company Participants Jason Armstrong - CFO Conference Call Participants Michael Rollins - Citi Michael Rollins The clients only and disclosures are available at the back of the room next to the AV desk. Welcome back to Citi's 2024 Global TMT Conference. I'm Mike Rollins with Citi Research, and we're pleased to welcome Jason Armstrong, Chief Financial Officer of Comcast. Jason, thank you for joining us today. Ja ...