Comcast Corporation (CMCSA)
Comcast Mulls Spinning Off Cable TV Business
Comcast (CMCSA) on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.
Why a possible spinoff of Comcast's cable networks is drawing cheers
Analysts think Comcast's sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.
Comcast Corporation (CMCSA) Q3 2024 Earnings Call Transcript
Comcast Corporation (NASDAQ:CMCSA ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 PM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President & Chief Executive Officer, Comcast Cable Brian Roberts - Chairman & Chief Executive Officer Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Michael Ng - Goldman Sachs John Hodulik - UBS Jessica Reif Ehrlich - Bank of America Securities Jonathan Chaplin - New Street Steven Cahall - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to Comcast Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Comcast says it's thinking of getting out of the cable TV business
Cable TV networks look like they're in permanent decline. So Comcast, which owns a bunch of them, is proposing splitting them into a separate company.
Compared to Estimates, Comcast (CMCSA) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Comcast (CMCSA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Comcast considers spinning out cable networks as separate company
CNBC's David Faber joins 'Squawk on the Street' to discuss news of Comcast exploring the separation of its cable networks business.
Comcast surges as Olympics drives expectation-beating results
Comcast Corporation (NASDAQ:CMCSA, ETR:CTP2) has said this summer's Olympics in Paris helped to propel revenues in the likes of its Peacock streaming service over the third quarter. Average daily viewers during the games jumped by 82% to 31 million against the 2021 Olympics, generating $1.9 billion in advertising revenue, Comcast reported on Thursday.
Comcast is exploring separation of cable business
Comcast is exploring separation of cable business
Comcast (CMCSA) Q3 Earnings and Revenues Surpass Estimates
Comcast (CMCSA) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago.
Comcast tops earnings estimates as Olympics propels the company
CNBC's Joe Kernen reports on the company's quarterly earnings results.
Comcast tops revenue expectations on Olympics ad boost, blockbuster releases
Comcast beat third-quarter revenue estimates on Thursday, driven by strong box office performance for its studio, higher ad sales during the 2024 Paris Olympics and a smaller-than-expected decline in broadband subscribers.
Comcast Earnings Top Expectations. It Got an Olympics Boost.
The number of viewers of the Paris Olympics jumped 82% from the Tokyo games held three years ago, the telecommunications and media company said.
