Comcast Corporation (NASDAQ:CMCSA ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Brian Roberts - Chairman & Chief Executive Officer Michael Cavanagh - President Jason Armstrong - Chief Financial Officer David Watson - President & Chief Executive Officer, Comcast Cable Conference Call Participants Benjamin Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Michael Ng - Goldman Sachs Jonathan Chaplin - New Street Research Jessica Reif Ehrlich - Bank of America Securities John Hodulik - UBS Steven Cahall - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to Comcast's Fourth Quarter and Full-Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
CMCSA's fourth-quarter 2024 earnings reflect steady growth in domestic wireless subscribers and Peacock.
Craig Moffett, MoffettNathanson, joins 'Squawk on the Street' to discuss Comcast's quarterly earnings results, why things will get better for the company, and much more.
The broadband subscriber losses overshadowed the telecom and media giant's upbeat results and the announcement of a $15 billion share buyback program.
Comcast executives spent much of a post-earnings conference call on the biggest news of the last few months, an upcoming cable spinoff with President Mike Cavanagh calling a new company comprised of most NBCUniversal cable networks as “a free-standing, strong collection of businesses with lots of cash flow generation capability for many years to come,
The headline numbers for Comcast (CMCSA) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of Comcast (CMCSA) fell to their lowest level in more than two years Thursday when the cable and media giant's subscriber base dropped more than expected.
CNBC's David Faber breaks down Comcast's quarterly earnings results.
Comcast executives said Thursday the company's focus would shift to growing its mobile business after a bigger-than-expected loss of broadband customers. Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
Comcast (CMCSA) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.84 per share a year ago.
The company raised its quarterly dividend by 6.5% to 8 cents a share.
The cable and entertainment company reported fourth quarter earnings of 96 cents a share, on revenue of $31.92 billion.