Revenue segments as reported by the company.

Cable Communications

NBCUniversal

Connectivity & Platforms

Content & Experiences

Corporate and Other

Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Programming and production

Other operating and administrative

Advertising, marketing and promotion

Depreciation

Amortization

Goodwill and long-lived asset impairments

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Comcast

DreamWorks is an American film production label of Amblin Partners. It has produced or distributed more than ten films with box-office grosses of more than $100 million each.

DreamWorks

Fandango is an American ticketing company that sells movie tickets via their website as well as through their mobile app of which Comcast owns 70% of.

Fandango

NBCUniversal is an American multinational media conglomerate that is a subsidiary division of Comcast.

NBC Universal

FreeWheel is a technology platform for ad management and monetization, a private marketplace for premium television inventory, and advisory services.

FreeWheel

Comcast Corp. engages in the provision of video, Internet, and phone services. It operates through the following segments: Residential Connectivity and Platforms, Business Services Connectivity, Media, Studios, and Theme Parks. The Residential Connectivity and Platforms segment consists of residential broadband and wireless services and Sky-branded entertainment television networks and advertising. The Business Service Connectivity segment offers broadband, wireline voice and wireless services through small to medium customers and large enterprises through the HFC network. The Media segment consists of NBCUniversal’s television and streaming platforms, including national, regional, and international cable networks. The Studios segment focuses on NBCUniversal’s film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. The company was founded by Ralph Roberts in 1963 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comcast achieves record revenue and subscriber growth in 2022

Comcast delivered exceptional financial results in 2022, focusing on strategic investments in key growth areas. While facing challenges in certain segments, the company is optimistic about future prospects and is prioritizing cost management and network expansion. Opportunities for growth exist in NBCUniversal, wireless services, and the stabilized ad market.

Comcast reports strong Q1 earnings, eyes wireless growth opportunities

Comcast's Q1 2023 earnings call highlighted robust financial performance, strategic growth areas, and challenges in content revenue and video segment, underscoring the company's adaptability and focus on innovation.
The emphasis on connectivity, margin improvement, and subscriber growth positions Comcast favorably in the competitive landscape, with a strong foundation for future expansion and revenue diversification.
Strategic discussions around network capabilities, content differentiation, and operational optimizations reflect Comcast's proactive approach to navigating industry shifts and maximizing shareholder value.

Comcast reports solid Q2 growth, eyes sports rights expansion

Comcast's Q2 performance showcased revenue growth and milestone EBITDA figures, with notable successes in broadband, theme parks, and Peacock. Despite challenges in the broadband market and content losses, Comcast's strong balance sheet and strategic initiatives position it well for future growth and expansion.

Comcast reports strong Q3 earnings, eyes sports streaming growth

Comcast's Q3 performance reflects solid growth in revenue, EBITDA, and EPS, driven by strong performance in connectivity, content, and parks businesses.
While facing challenges such as Peacock's losses and ARPU growth deceleration, Comcast remains focused on strategic investments in existing businesses for sustainable growth.
The company's emphasis on innovation, market leadership, and network enhancements positions Comcast well to capitalize on opportunities in sports streaming, business services, and network technology.

Comcast achieves record revenue in Q4 2023, eyes growth opportunities

Comcast's Q4 2023 performance showcased record revenue and strong financial metrics, driven by growth in connectivity and content segments.
The company faces challenges in revenue diversification, competitive broadband landscape, and short-term financial pressures from elevated CapEx levels.
However, Comcast's strengths lie in identified growth opportunities, successful partnerships, and focus on user experience and subscriber retention.
With a strategic focus on margin expansion, capital returns, and upcoming projects, Comcast remains positioned for long-term growth and success.

Comcast reports robust Q1 earnings, eyes growth in content and broadband

Comcast's strong financial performance and strategic focus on key segments position the company for continued growth and shareholder value creation.
While facing challenges in content monetization and subscriber retention, Comcast's emphasis on ARPU growth and market expansion presents opportunities for future revenue growth.
Investments in theme parks, exploration of new ventures like video games, and the success of Peacock streaming service underscore Comcast's commitment to innovation and market relevance.

Comcast reports strong broadband growth, faces challenges in Parks segment

Comcast's Q2 2024 earnings call highlighted strong broadband revenue growth and challenges in Parks segment.
The company emphasized market segmentation, ARPU growth, and new product offerings for price-conscious customers.
Peacock's revenue growth from advertising and distribution, along with upcoming Studios titles, offset revenue declines.
Capital return initiatives and network expansion efforts underscored a focus on shareholder value and competitive adaptability.
Excitement for upcoming Epic Universe opening and positive outlook for long-term growth opportunities across segments.

Comcast reports robust Q3 earnings driven by media and connectivity

Comcast's Q3 performance showcased strong revenue growth, particularly in the media and connectivity segments.
While facing challenges in subscriber losses and theme park revenue decline, the company remains focused on financial stability and shareholder returns.
Opportunities lie in investing in growth areas like the upcoming theme park and expanding market share in broadband and mobile services.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Expansion follows Comcast's $500-million network investment in Indiana over last three years INDIANAPOLIS , Nov. 13, 2024 /PRNewswire/ -- Together with the Indiana Broadband Office (IBO) and the Indiana Office of Community & Rural Affairs (OCRA), Comcast is building reliable, high-speed Internet access to unserved and underserved communities in Indiana. The joint $55 million investment will kick off the latest collaborative effort between OCRA, the IBO, and Comcast under Indiana's Next Level Connections broadband grant program.

Comcast Signs Agreements with State of Indiana: Joint $55 Million Investment to Bring Fast Internet to 10,000+ Rural Homes, Businesses

AT&T

Verizon

24/7 Wall St. Insights Wall Street is anticipating fewer regulations during Trump's second term.

Trump's Victory Could Explode High-Yield Dividend Telecom Stocks Higher

Universal's "Wicked" is drumming up buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners. These pink-and-green collaborations cross the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars.

Painting the town pink and green: 'Wicked' takes over retail ahead of theatrical debut

Comcast's potential spinoff of its linear cable networks is unlikely to have significant impact, hence management's efforts to temper analyst excitement. Management's proposal to find a partner for Peacock streaming service is intriguing, but fraught with complications, including data control and others. Comcast's ACP losses were lower than expected, aided by new NOW Internet packages, but future broadband losses remain uncertain.

Comcast's Earnings Shockers: Ignore The Hype, There Was More Important News

“Two roads diverged in a wood, and I—

Comcast And Their Cable Nets Spin-Off: What's Next

Sky Media reportedly faces a substantial financial hit after it emerged that it had underpaid key advertising partners, including Warner Bros Discovery and Paramount, since 2017. According to a report in The Guardian, the division, which sells ad space for Sky channels and other networks, identified the error earlier this year.

Sky Media reportedly faces financial hit following ad partner blunder

Coca-Cola European Partners plc

Darden Restaurants

Evergy Inc

Genuine Parts

PNC Financial Services

Restaurant Brands

SPDR S&P 500 ETF Trust

Vanguard High Dividend Yield ETF

Essential Utilities

Xcel Energy

SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.27% since its inception in November 2020.

My Top 10 High-Yield Dividend Stocks For November 2024

Comcast's Mike Cavanagh said the company will explore ditching its cable networks. The company may also look to partner Peacock with a rival streaming service.

Why Wall Street is skeptical about Comcast's proposal to ditch its cable networks and pair Peacock with a competitor

Connectivity and media giant Comcast Corp. released its third quarter 2024 results today, beating both adjusted earnings per share and revenue estimates. The market reacted positively to what, I believe, were solid results, although I suspect the business separation hinted at by management played a role in today's trading in CMCSA stock. In this update, I'll share my thoughts on Comcast's Q3 2024 earnings, focusing specifically on the bread-and-butter segment.

Comcast Q3 Earnings: The Long Awaited Catalyst?

Comcast said it is considering separating or spinning off NBCUniversal's cable networks. If Comcast moves forward with the idea, it could kick off a broader media reconfiguration of cable assets.

Comcast's potential cable networks separation will test the appetite for media reconfiguration

Comcast reported solid growth in several segments in Q3 despite ongoing challenges in its traditional media segments.

Olympics Help Comcast Tops Q3 Estimates

CMCSA's third-quarter 2024 earnings reflect continued strength in domestic wireless subscribers and Peacock.

Comcast Shares Rise on Q3 Earnings Beat, Revenues Increase Y/Y

The cable business has come under pressure as more people rely on streaming for video content.

Comcast Considers a Cable TV Spinoff. How That Could Boost the Stock.

NBC-parent Comcast is exploring spinning of its struggling cable networks business, including left-leaning MSNBC, President Mike Cavanagh said Thursday.

MSNBC parent Comcast weighs spin-off of declining cable networks

The cable and entertainment company posted a jump in quarterly revenue, boosted by its media businesses.

Comcast Considers Spin-Out of Cable Networks Such as MSNBC, CNBC, Bravo

Comcast (CMCSA) on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.

Comcast Mulls Spinning Off Cable TV Business

Analysts think Comcast's sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.

Why a possible spinoff of Comcast's cable networks is drawing cheers

Comcast Corporation (NASDAQ:CMCSA ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 PM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President & Chief Executive Officer, Comcast Cable Brian Roberts - Chairman & Chief Executive Officer Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Michael Ng - Goldman Sachs John Hodulik - UBS Jessica Reif Ehrlich - Bank of America Securities Jonathan Chaplin - New Street Steven Cahall - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to Comcast Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

Comcast Corporation (CMCSA) Q3 2024 Earnings Call Transcript

Cable TV networks look like they're in permanent decline. So Comcast, which owns a bunch of them, is proposing splitting them into a separate company.

Comcast says it's thinking of getting out of the cable TV business

Although the revenue and EPS for Comcast (CMCSA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Comcast (CMCSA) Q3 Earnings: A Look at Key Metrics

Comcast Corporation (NASDAQ:CMCSA, ETR:CTP2) has said this summer's Olympics in Paris helped to propel revenues in the likes of its Peacock streaming service over the third quarter. Average daily viewers during the games jumped by 82% to 31 million against the 2021 Olympics, generating $1.9 billion in advertising revenue, Comcast reported on Thursday.

Comcast surges as Olympics drives expectation-beating results

Uber

Uber's mobility revenue rose 26%, boosting Q3 results. Comcast saw Peacock subscribers surge from Olympics; Peloton and Merck raised yearly outlooks.

Uber's Q3 Revenue Surges as Mobility Booms; Comcast's Olympic Gains Fuel Growth

Comcast is exploring separation of cable business

Comcast (CMCSA) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago.

Comcast (CMCSA) Q3 Earnings and Revenues Surpass Estimates

Comcast stock rose on Q3 earnings and revenue that topped Wall Street targets while broadband subscriber losses came in lower than expected. The post Comcast Earnings Beat.

News for Comcast Stock (CMCSA)