Comcast Corporation (NASDAQ:CMCSA) Q3 2024 Earnings Conference Call October 31, 2024 8:30 PM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President & Chief Executive Officer, Comcast Cable Brian Roberts - Chairman & Chief Executive Officer Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Michael Ng - Goldman Sachs John Hodulik - UBS Jessica Re ...

Cable TV networks look like they're in permanent decline.So Comcast, which owns a bunch of them, is proposing splitting them into a separate company.Warner Bros. Discovery made a similar pitch this summer, then backed away from it. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go ...

For the quarter ended September 2024, Comcast (CMCSA) reported revenue of $32.07 billion, up 6.5% over the same period last year. EPS came in at $1.12, compared to $1.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $31.8 billion, representing a surprise of +0.86%. The company delivered an EPS surprise of +5.66%, with the consensus EPS estimate being $1.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Comcast has begun to explore a separation of its cable networks business.During Thursday's earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating "a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks."This is breaking news. Please refresh for updates. ...

Comcast (CMCSA) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.66%. A quarter ago, it was expected that this cable provider would post earnings of $1.11 per share when it actually produced earnings of $1.21, delivering a surprise of 9.01%.Over the last four quarters, the company ha ...

| --- | --- | |-------|-------| | | | | | | 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 our beliefs regarding ...

1 PRESS RELEASE COMCAST REPORTS 3rd QUARTER 2024 RESULTS | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------|-----------------|-----------------|---------------------| | ($ in millions, except per share data) | | | 3rd Quarter | | | Consolidated Results | | 2024 | 2023 | Change | | Revenue | | $32,070 | $30,115 | 6.5 % | | Net Income Attributable to Comcast | | $3,629 | $4,046 | (10.3 %) | | 1 | | | | | | Adjusted Net Income Adjusted EBITDA 2 | | $4,337 $9,735 | $4 ...

Comcast reports its third-quarter earnings before the bell Thursday. Wall Street will once again be focused on subscriber numbers and growth for both broadband and streaming platform Peacock.Investors in recent quarters have homed in on the broadband business for Comcast and its cable peers, as customer growth has stumbled. Comcast executives have pinned the slump on a slowdown in the buying and selling of homes. Competition has also ramped up from wireless providers like Verizon and T-Mobile.Despite the sl ...

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