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Comcast Stock Plunges

Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers

Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.

Hosted on MSN · 1d

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.

International Business Times · 1d

Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'

Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.

Comcast, Peacock

Variety · 1d

Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock

Revenue rose 2% to $31.92 billion, generated by increases in its U.S. wireless operations, the success of “Wicked” and “The Wild Robot” at the box office and subscriptions at Peacock. Revenue from the company’s cable and connectivity business was basically flat.

Deadline on MSN · 1d

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. Revenue of $31.9 billion topped the Street’s expectations for $31.6 billion, rising 2% over the year-ago period, while adjusted earnings per share of 96 cents were a dime better than the consensus forecast.

Hosted on MSN · 1d

Comcast Sales, Profit Beat as ‘Wicked’ Lifts Film Studio

Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its movie studio and better-than-expected results at its theme parks.

21hon MSN

Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details

Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

1don MSN

Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint

Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers ...

Advanced Television1d

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 ...

23h

‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.

Peacock Lost $372 Million in the Final Quarter of 2024

Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...

1don MSN

Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’

Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...

Comcast Q4 Beat Overshadowed By Broadband Loss; Pain To Continue, Analysts Say

Comcast reports Q4 results, with earnings beating estimates and a surge in Peacock subscribers. Analysts have mixed opinions on the stock, with some downgrading and others reaffirming a Buy rating.

Now Streaming: Peacock revenues rise 28% year-over-year in Q4

Streaming” is The Fly’s weekly recap of the stories surrounding the biggest content streamers. Invest with Confidence: Follow ...

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