Why Comcast Stock Is Tumbling Despite an Earnings Beat

Key TakeawaysComcast beat analyst estimates for first-quarter revenue and profit as its mobile service division and Peacock added subscribers in the period.However, cable and broadband each lost customers, continuing the downward trend for each of the divisions.Despite the earnings beat, shares fell after the opening bell Thursday. Comcast (CMCSA) beat analyst estimates for first-quarter revenue and profit Thursday but shares fell as cable and broadband subscriber numbers continued to decline. The company g ...