CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates. Revenue of $31.9 billion topped the Street's expectations for $31.6 billion, while adjusted earnings per share of 96 cents were a dime better than the consensus forecast. In the Content & Experiences division, revenue rose 3.5% to $7.
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than made up for a larger-than-expected decline in broadband customers.
Comcast reports fourth-quarter results before the bell on Thursday. Wall Street will be paying attention to the company's update on its broadband, streaming and theme park businesses, as well as the progress of the spinout of its cable TV networks.
Zacks.com users have recently been watching Comcast (CMCSA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
As more pay-TV operators embrace slimmer packages, Comcast Xfinity is rolling out Sports & News TV, a $70-a-month offering based on two foundational elements of programming. The $70 price is available only to customers who also have Xfinity internet service.
The Sports & News TV package will include major news channels like CNBC, CNN, FOX News, and MSNBC give subscribers access to live sports events.
Comcast announced on Thursday the launch of Sports & News TV, a new video package for its Xfinity internet customers, as part of its strategy to remain competitive in the streaming era.
Comcast (CMCSA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Comcast (CMCSA) stood at $36.97, denoting a +1.07% change from the preceding trading day.
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Are the two biggest companies in cable television and broadband, with growing presences in wireless, edging toward a merger?