Comcast(CMCSA)

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Comcast(CMCSA) - 2023 Q4 - Annual Report
2024-01-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM to Registrant; State of Incorporation; Address and Commission File Number Telephone Number I.R.S. Employer Identification No. 001-32871 COMCAST CORPORATION 27-0000 ...
3 Communication Stocks to Buy as Market Momentum Builds in 2024
InvestorPlace· 2024-01-26 21:18
The future of the U.S. economy looks promising, having concluded 2023 with unexpectedly robust growth, defying recession concerns. Consumer spending, business investment, government outlays, exports, and improved housing conditions contributed to the economy’s resilience. As the nation enters a presidential election year, the strong economic performance is anticipated to continue. Experts are foreseeing continued positive economic momentum in the coming year and a potential soft landing that addresses infla ...
Peacock Exceeded $1B Revenue in Q4 as Sports Drive Streaming Engagement
PYMNTS· 2024-01-25 20:02
Peacock is seeing rapid growth, leveraging exclusive sports content to drive adoption in the face of stiff competition in the streaming space.The streaming platform’s parent company, Comcast, reported in its fourth-quarter 2023 financial results that Peacock experienced significant growth in paid subscribers and revenue. The streaming platform saw a nearly 50% increase in paid subscribers compared to the prior year period, reaching 31 million subscribers, and revenue shot up by 57% year over year, marking t ...
Comcast (CMCSA) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
Zacks Investment Research· 2024-01-25 17:36
Comcast (CMCSA) fourth-quarter 2023 adjusted earnings of 84 cents per share beat the Zacks Consensus Estimate by 5% and increased 2.4% year over year.Consolidated revenues increased 2.3% year over year to $31.2 billion and beat the Zacks Consensus Estimate by 2.77%.Domestic broadband average rate per customer increased 3.9% and drove domestic broadband revenue growth of 3.7% in the fourth quarter. Comcast lost 34K domestic broadband customers in the reported quarter. Moreover, it lost 389K video customers. ...
Comcast 4Q earnings beat driven by strength in streaming and theme parks
Proactive Investors· 2024-01-25 17:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Compared to Estimates, Comcast (CMCSA) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-01-25 17:01
Comcast (CMCSA) reported $31.25 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.3%. EPS of $0.84 for the same period compares to $0.82 a year ago.The reported revenue represents a surprise of +2.77% over the Zacks Consensus Estimate of $30.41 billion. With the consensus EPS estimate being $0.80, the EPS surprise was +5.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Comcast(CMCSA) - 2023 Q4 - Earnings Call Transcript
2024-01-25 16:51
Comcast Corporation (NASDAQ:CMCSA) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Brian Roberts - Chairman, Chief Executive Officer Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President, Chief Executive Officer, Comcast Cable Marci Ryvicker - Executive Vice President, Investor Relations Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - Moffet Nathanson Jessica Reif Ehrlich - Bank of America Securities John Ho ...
Comcast's Q4 Earnings and Revenue Beat Powered By Peacock, Theme Parks
Investopedia· 2024-01-25 14:55
Key TakeawaysComcast's fourth quarter earnings of $3.26 billion or 81 cents per diluted share beat analyst expectations.Revenue grew 2.3% from a year earlier to $31.25 billion, with Peacock quarterly revenue crossing $1 billion for the first time.Peacock added 3 million subscribers in the quarter, while theme park revenue rose 12.2%.Comcast's (CMCSA) fourth quarter earnings and revenue surpassed analyst expectations, driven by gains in Peacock streaming services and its theme parks business. The company's s ...
Comcast (CMCSA) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-01-25 14:11
Comcast (CMCSA) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this cable provider would post earnings of $0.94 per share when it actually produced earnings of $1.08, delivering a surprise of 14.89%.Over the last four quarters, the company has ...
Comcast(CMCSA) - 2023 Q4 - Earnings Call Presentation
2024-01-25 13:14
4th Quarter and Full - Year 2023 Results J a nua ry 2 5 , 2 0 2 4 IMPORTANT INFORMATION Caution Concerning Forward-looking Statements This presentation includes statements that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are not historical facts or statements of current conditions, but instead represent only ...