Comcast (CMCSA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Viewpoint - Comcast reported a revenue of $31.92 billion for Q4 2024, marking a year-over-year increase of 2.1% and exceeding the Zacks Consensus Estimate by 0.89% [1] Financial Performance - EPS for the quarter was $0.96, up from $0.84 a year ago, representing a surprise of 9.09% over the consensus estimate of $0.88 [1] - Comcast's stock has returned -0.5% over the past month, while the Zacks S&P 500 composite increased by 1.2% [3] Customer Metrics - Domestic Residential Connectivity & Platforms Customer Relationships totaled 31.17 million, slightly below the average estimate of 31.21 million [4] - Net additions in Domestic Residential Connectivity & Platforms were -151 thousand, worse than the average estimate of -109.67 thousand [4] - Total Domestic Video Customers remained at 12.52 million, matching the average estimate [4] Revenue Breakdown - Revenue from Content & Experiences - Studios was $3.27 billion, slightly below the average estimate of $3.31 billion, with a year-over-year change of +6.7% [4] - Total Residential Connectivity revenue was $18.02 billion, slightly above the average estimate of $17.99 billion, but down 0.2% year-over-year [4] - Revenue from Domestic Wireless was $1.19 billion, exceeding the average estimate of $1.18 billion, with a year-over-year increase of +16.6% [4] - Revenue from Advertising was $1.16 billion, below the average estimate of $1.20 billion, reflecting a year-over-year change of +4.4% [4] - Revenue from Video was $6.50 billion, surpassing the average estimate of $6.45 billion, but down 5.8% year-over-year [4]