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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.
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: Q4 Earnings Snapshot
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Advertisement Article continues below this ad The cable provider posted revenue of $31.
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 Earnings Beat Expectations. Why the Stock Is Falling Anyway.
The cable and entertainment company reported fourth quarter earnings of 96 cents a share, on revenue of $31.92 billion.
2d
on MSN
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 ...
2d
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom ...
PCMag on MSN
1d
Comcast Upgrade Promises Ultra-Low Lag Xfinity Internet for Video Calls, VR, Games
If you’re obsessed with your video-gaming prowess, a new, free upgrade from Comcast should make you want to verify that you ...
2d
on 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 ...
2d
on MSN
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 ...
1d
Comcast price target lowered to $46 from $48 at TD Cowen
TD Cowen analyst Gregory Williams lowered the firm’s price target on Comcast (CMCSA) to $46 from $48 and keeps a Buy rating on the shares. The ...
2d
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 ...
2d
Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
1d
Comcast price target lowered to $55 from $57 at Benchmark
Benchmark lowered the firm’s price target on Comcast (CMCSA) to $55 from $57 and keeps a Buy rating on the shares. The stock fell 11% ...
3d
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
4h
on MSN
New YMCA Comcast Connection Center provides free Wi-Fi
A new YMCA Comcast Connection Center opened on Friday, Jan. 31, in Colorado Springs., offering the community free Wi-Fi and a variety of services, classes, and resources to build skills in technology.
1d
on MSN
Comcast flags an alarming shift in consumer behavior
Comcast is currently struggling with a sharp change in consumer behavior that is hurting a vital part of its business, and it ...
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