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

Comcast Corporation (NASDAQ:CMCSA ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Brian Roberts - Chairman and Chief Executive Officer Jason Armstrong - Chief Financial Officer Michael Cavanagh - President of Comcast Corporation David Watson - President and Chief Executive Officer of Comcast Cable Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Brett Feldman - Goldman Sachs Philip Cusick - J.P. Morgan Jessica Reif Ehrlich - BofA Securities Stephen Kale - Wells Fargo John Hodulik - UBS Vijay Jayant - Evercore ISI Jonathan Chaplin - New Street Operator Good morning, ladies and gentlemen, and welcome to Comcast's Second Quarter Earnings Conference Call.

Comcast Corporation (CMCSA) Q2 2023 Earnings Call Transcript

NBCUniversal's sports portfolio, with Sunday Night Football and Premier League, has been a big driver for Peacock. And NBA could soon join the fold.

NBCUniversal's Peacock streaming service is growing, thanks to live sports

Apple

American Tower

Amazon

AST SpaceMobile

Altice USA

JPMorgan BetaBuilders MSCI US REIT ETF

Crown Castle International

Charter Communications

DigitalBridge Group

DISH Network

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed their capital-intensive network expansion plans in recent quarters following a significant wave of investment and tower equipment upgrades from 2019-2022 to deploy nationwide 5G networks. The latest selloff was intensified by an expose alleging that century-old abandoned phone lines owned by AT&T and Verizon are leaching toxic lead into drinking water, potentially requiring costly remediation.

Cell Tower REITs: Toxic Telecom?

Comcast President Mike Cavanagh called the notion that the company could enter the picture as rival Disney looks for a strategic partner for ESPN “very improbable.” Speaking on the company's second-quarter earnings call, Cavanagh said the scenario would involve too many complications to be feasible.

An ESPN Team-Up With NBC Sports Called “Very Improbable” By Comcast President Mike Cavanagh; Exec Teases Potential NBA Rights Bid

Mike Cavanagh, the president of Comcast who was recently named the de-facto head of NBC Universal, said the company remains “committed to reaching a fair deal [with actors and writers[ as soon as possible, so we can get back to doing what we do best, which making great content together.

Comcast President Mike Cavanagh Says NBCU Parent “Committed To Reaching Fair Deal” With Guilds: CEO Brian Roberts Mostly Mum On Earnings Call

Comcast (NASDAQ:CMCSA) Corp exceeded expectations for quarterly revenue, buoyed by higher theme park attendance and the successful releases its "The Super Mario Bros Movie" and "Fast X” titles. The company reported a total revenue increase of 1.7% to $30.51 billion, surpassing analysts' average estimate of $30.13 billion.

Comcast 2Q surpasses expectations, boosted by theme park success and box office hits

Comcast (CMCSA) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.01 per share a year ago.

Comcast (CMCSA) Q2 Earnings and Revenues Surpass Estimates

Media giant Comcast beat on its top and bottom line with the studio and theme parks leading the way even as it basks in the giant opening for Opppenheimer. Total revenue nosed up 1.7% to $30.5 billion for the second quarter ended in June. Net income jumped 25% to $4.28 billion. EPS of $1.02 compared with $0.

NBCU Studio, Parks Are Standouts In Comcast Q2; Peacock, At 24 Million Subscribers, Sees Losses Widen

Comcast posts second-quarter adjusted earnings of $1.13 a share on revenue of $30.5 billion. Both metrics top analysts' forecasts.

Comcast's 'Super Mario Bros.' Helps Lead to an Earnings Beat

Shares of Comcast Corp. CMCSA, -0.90% are up 1.7% in Thursday's premarket trading after the media giant topped expectations with its second-quarter revenue and profit. Comcast recorded net income of $4.3 billion, or $1.02 a share, compared with $3.4 billion, or 76 cents a share, in the year-earlier period.

Comcast's stock rises after earnings beat, continued wireless growth

Comcast Corp's quarterly revenue beat estimates on Thursday, helped by higher theme park attendance and the successful theatrical releases of “The Super Mario Bros Movie” and “Fast X.”

Comcast beats second quarter revenue on theme parks, studios performance

PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended June 30, 2023. “The consistent investments we've been making in our growth businesses continue to generate strong results and position us extremely well both now and into the future. Second quarter operational and financial performance was excellent and included a double-digit increase in Adjusted EPS and significant free cash flow generation," said Brian L. Roberts, Chairman and Chie.

Comcast Reports 2nd Quarter 2023 Results

Amgen

Broadcom

Blackrock Inc

Bristol-Myers

Carrier Global

Caterpillar

Chubb

Cisco Systems

Dick's Sporting Goods

General Mills

HSBC Holdings

iShares Core S&P 500 ETF

Johnson & Johnson

Juniper Networks

Kellogg

Kroger

Lowe's

Mondelez

Medtronic

Microsoft

QUALCOMM

Invesco QQQ

Invesco S&P 500 Equal Weight ETF

My U.S. dividend growth portfolio, constructed in 2015, has outperformed the market by over 2% annually. The portfolio was designed to be resilient in a major stock market correction, focusing on dividend achievers with at least 10 years of dividend growth. For building a similar portfolio in 2023, I considered valuation and growth, leaning towards larger cap or mega-cap stocks, and factored in retirement income needs.

Building The Dividend Growth Portfolio In 2023

Comcast abandoned its expectations to reach breakeven profitability on Peacock by next year. It's spending massive amounts on content and pushing customers to pay for it.

Comcast Just Announced a Price Hike for Peacock. Can the Service Be Profitable by Next Year?

AbbVie

Valero Energy

After U.S. markets closed on Monday, Cadence Design beat consensus estimates on both the top and bottom lines.

Earnings Previews: AbbVie, Comcast, Valero Energy

AMC Entertainment

First Trust S-Network Streaming and Gaming ETF

Cinemark Holdings

IMAX

Invesco Dynamic Media ETF

The box office is buzzing with excitement as Warner Bros.' "Barbie" and Universal's "Oppenheimer" took center stage during the much-anticipated "Barbenheimer" weekend.

Media Stocks & ETFs in Focus on "Barbenheimer"s Success

News for Comcast Stock (CMCSA)