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Comcast Stock Plummets Despite Q4 Beats
Comcast (NASDAQ:CMCSA) Surprises With Q4 Sales
Telecommunications and media company Comcast (NASDAQ:CMCSA) reported Q4 CY2024 results , with sales up 2.1% year on year to $31.92 billion. Its non-GAAP profit of $0.96 per share was 11.4% above analysts’ consensus estimates.
CMCSA Earnings: Comcast Stock Plummets Despite Q4 Beats
Comcast (CMCSA) stock plummeted on Thursday despite the entertainment company posting strong earnings beats in its Q4 report. That starts with
Comcast Stock Is Plunging. Here’s What’s Overshadowing the Earnings Beat.
The cable and entertainment company reported a strong fourth quarter, but investors seemed focused on a drop in broadband customers.
Comcast’s earnings beat offset by continued subscriber losses
Comcast Corp.’s stock fell 1.9% early Thursday, after the cable company’s fourth-quarter earnings topped estimates but it continued to shed subscribers at its domestic broadband business. The company had per-share earnings of $1.
Comcast Loses More Broadband Subscribers Than Expected
Comcast’s broadband woes may fuel the stock’s worst day in 16 years. What’s next?
Comcast Corp.’s stock could see its worst day in 16 years, with its broadband pressures continuing, but at a steeper pace than expected. The company lost 139,000 subscribers in its residential broadband business during the fourth quarter,
Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key TakeawaysComcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
11h
Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio ...
Advanced Television
9h
Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year re ...
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