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

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.

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.

Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t lose members either: Peacock’s 36 million subscribers at the end of the year stayed stagnant with the prior quarter’s results. The platform’s Q4 revenue was $1.3 billion.

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

Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year re

Married at First Sight is making a big move for Season 19, switching from Lifetime to the streaming platform Peacock.

Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on Thursday's Q4 earnings call.

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.

Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86. Media segment revenue grew 3.5%, Peacock's paid subscribers increased 29%, and Comcast generated $3.

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