Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
“Two roads diverged in a wood, and I—
Sky Media reportedly faces a substantial financial hit after it emerged that it had underpaid key advertising partners, including Warner Bros Discovery and Paramount, since 2017. According to a report in The Guardian, the division, which sells ad space for Sky channels and other networks, identified the error earlier this year.
Comcast's Mike Cavanagh said the company will explore ditching its cable networks. The company may also look to partner Peacock with a rival streaming service.
Connectivity and media giant Comcast Corp. released its third quarter 2024 results today, beating both adjusted earnings per share and revenue estimates. The market reacted positively to what, I believe, were solid results, although I suspect the business separation hinted at by management played a role in today's trading in CMCSA stock. In this update, I'll share my thoughts on Comcast's Q3 2024 earnings, focusing specifically on the bread-and-butter segment.
Comcast said it is considering separating or spinning off NBCUniversal's cable networks. If Comcast moves forward with the idea, it could kick off a broader media reconfiguration of cable assets.
Comcast has said it's toying with the idea of separating its cable network business. Transcript: Conway Gittens: Thursday was the worst day for tech stocks since September.
CMCSA's third-quarter 2024 earnings reflect continued strength in domestic wireless subscribers and Peacock.
The cable business has come under pressure as more people rely on streaming for video content.
NBC-parent Comcast is exploring spinning of its struggling cable networks business, including left-leaning MSNBC, President Mike Cavanagh said Thursday.
The cable and entertainment company posted a jump in quarterly revenue, boosted by its media businesses.