Should You Stay Away From Comcast (CMCSA) Ahead of Q1 Earnings?
Comcast(CMCSA) Zacks Investment Research·2024-04-22 20:10Comcast (CMCSA) is set to report its first-quarter 2024 results on Apr 25.Comcast has been suffering from a challenging macroeconomic environment. Online video streaming service providers, such as Netflix (NFLX) , Disney (DIS) , YouTube and Apple TV+, have become a severe threat to cable TV operators because of solid and diversified content at a cheaper cost. The intensifying competition and cord-cutting have been a headwind for Comcast.Netflix, Comcast’s nearest rival, is benefiting from a strong subscribe ...