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Comcast, Peacock

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 results.

AOL · 1d

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 and failed to add more subscribers to its Peacock streaming service.

TheWrap on MSN · 1d

Peacock Narrows Q4 Loss to $372 Million, 'Wicked' Boosts Comcast's Studios Profit by 85%

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and "Wicked" helped the studios business defy gravity with an 85% increase in profit to $569 million.

Comcast, Broadband

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.

CNBC on MSN · 1d

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said 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.

Business Insider · 13h

Comcast’s Strategic Shift Amid Broadband Challenges: Hold Rating Justified by Market Uncertainties

Comcast (CMCSA – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Benjamin

1don 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 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 ...

1don MSN

Wall Street rebounds as tech stocks rally; Comcast plunges, Grayscale unveils Bitcoin Miners ETF

US stocks climbed on Thursday in a choppy trading session as Wall Street weighed earnings from major tech giants and digested ...

12h

Comcast price target lowered to $39 from $45 at JPMorgan

JPMorgan lowered the firm’s price target on Comcast (CMCSA) to $39 from $45 and keeps a Neutral rating on the shares. The company reported ...

Comcast Loses Broadband Customers, but ‘Wicked’ Movie Helps Power Growth

Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the ...

Forbes16d

The World’s Slowest Merger: Are Comcast And Charter More Than Friends?

Certainly there’s lots of talk on Wall Street about the opportunities for merging Comcast and Charter Spectrum into what would be the biggest cable provider in the land, with the resources to ...

Wall Street Lunch: GDP Falls Short Of Consensus

In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which ...

Comcast: Q4 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1 ...

Meta Eyeing Possible Reincorporation In Texas, Report Says

The company has talked to Texas officials about the potential move, which would not impact its headquarters in California.

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