Comcast (CMCSA) fourth-quarter 2023 adjusted earnings of 84 cents per share beat the Zacks Consensus Estimate by 5% and increased 2.4% year over year.Consolidated revenues increased 2.3% year over year to $31.2 billion and beat the Zacks Consensus Estimate by 2.77%.Domestic broadband average rate per customer increased 3.9% and drove domestic broadband revenue growth of 3.7% in the fourth quarter. Comcast lost 34K domestic broadband customers in the reported quarter. Moreover, it lost 389K video customers. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Comcast (CMCSA) reported $31.25 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.3%. EPS of $0.84 for the same period compares to $0.82 a year ago.The reported revenue represents a surprise of +2.77% over the Zacks Consensus Estimate of $30.41 billion. With the consensus EPS estimate being $0.80, the EPS surprise was +5.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Comcast Corporation (NASDAQ:CMCSA) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Brian Roberts - Chairman, Chief Executive Officer Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President, Chief Executive Officer, Comcast Cable Marci Ryvicker - Executive Vice President, Investor Relations Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - Moffet Nathanson Jessica Reif Ehrlich - Bank of America Securities John Ho ...

Key TakeawaysComcast's fourth quarter earnings of $3.26 billion or 81 cents per diluted share beat analyst expectations.Revenue grew 2.3% from a year earlier to $31.25 billion, with Peacock quarterly revenue crossing $1 billion for the first time.Peacock added 3 million subscribers in the quarter, while theme park revenue rose 12.2%.Comcast's (CMCSA) fourth quarter earnings and revenue surpassed analyst expectations, driven by gains in Peacock streaming services and its theme parks business. The company's s ...

Comcast (CMCSA) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this cable provider would post earnings of $0.94 per share when it actually produced earnings of $1.08, delivering a surprise of 14.89%.Over the last four quarters, the company has ...

4th Quarter and Full - Year 2023 Results J a nua ry 2 5 , 2 0 2 4 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 ...

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 ...