Comcast Corp. continued to shed broadband subscribers in the fourth quarter, though not as many as Wall Street had expected. The company on Thursday reported 34,000 total domestic broadband net losses for the latest quarter, consisting of 31,000 net losses in the residential market and 3,000 in the business market. Analysts were expecting the company to lose a net of 61,000 domestic broadband subscribers in total, after losses of 18,000 and 19,000 in the prior two quarters. Broadband-subscriber losses ...

PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.31 a share on the company's common stock, payable on April 24, 2024, to shareholders of record as of the close of business on April 3, 2024. In addition, Comcast announced that its Board of Directors also approved a ...

Comcast is expected to reported fourth-quarter earnings before the bell on Thursday. Here's what Wall Street expects for the media company's results, according to LSEG, formerly known as Refinitiv:Earnings: 79 cents per share Revenue $30.51 billion Analysts will be watching how quickly Comcast is losing broadband subscribers. In the third quarter, the segment's revenue rose even as subscribers fell, due to higher rates. Wall Street will also have an eye on subscriber growth for NBCUniversal's money-losing s ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEarlier this month, NBC Universal said the NFL playoff game it streamed (mostly) exclusively on Peacock, its streaming service, was a huge success.NBC and its parent company, Comcast, backed up th ...

Wall Street analysts forecast that Comcast (CMCSA) will report quarterly earnings of $0.80 per share in its upcoming release, pointing to a year-over-year decline of 2.4%. It is anticipated that revenues will amount to $30.41 billion, exhibiting a decline of 0.5% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projection ...

Communications companies are a great addition to any investor’s portfolio due to the sector’s continued strength, especially recently. For example, industry leaders such as Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL) have seen their share prices rise by 181% and 57% within this last year, respectively. These are just some of the communication stocks that are on the rise.Communication services is an industry that will most likely continue to see growth due to the ever-growing environment of new ...

Comcast Key Stats Analyst Estimates for Q4 2023Q3 2023Q4 2022Revenue$30.4 billion$30.1 billion$30.6 billionDiluted Earnings Per Share$0.70$0.98$0.70Net Income$2.8 billion$4.0 billion$3.0 billionSource: Visible Alpha Key Metric: Broadband Subscribers Comcast's core broadband business has lost subscribers in recent quarters as the company has faced increased competition from fixed wireless and fiber-based wired alternatives. Additionally, the post-COVID shift to hybrid work environments has coincided with ...

SOPA Images/LightRocket via Getty ImagesInvestment Thesis Comcast (NASDAQ:CMCSA) is about to report its FY23 earnings on the 25th of January, so I wanted to take a quick look at how the company's financials developed since my last coverage and take a look at what to expect from the upcoming report. I'm not expecting any major top-line growth from the company, but I would like to see margin improvements. Peacock TV has a lot of potential but is very far from being a profitable segment. Nevertheless, I be ...

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.The ability to identify stocks that are likely to top quarterly ...

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--The National Skills Coalition (NSC) released new data spotlighting the demand for digital skills in Michigan’s labor market. The NSC analysis found that 89% of jobs analyzed require digital skills, including those in Michigan’s priority sectors like manufacturing, healthcare and agriculture. Previous NSC research found one-third of workers lack the foundational digital skills necessary to enter and thrive in today’s job market, pointing to a significant divide in Michig ...