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Comcast Stock Plummets Despite Q4 Beats

Comcast (CMCSA) Q4 2024 Earnings Call Transcript

Operator Good morning, ladies and gentlemen, and welcome to Comcast's fourth quarter and full year 2024 earnings conference call. At this time, all participants are in a listen-only mode. Please note that this conference call is being recorded.

YAHOO!Finance · 12h

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 customers and 311,000 video subscribers last quarter. The large declines drew investors’ attention away from the company’s stronger-than-expected Q4 results.

Business Insider · 14h

CMCSA Earnings: Comcast Stock Plummets Despite Q4 Beats

Comcast (CMCSA) stock plummeted on Thursday despite the entertainment company posting strong earnings beats in its Q4 report. That starts with

Comcast Shares Tumble

AOL · 10h

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.

Reuters · 14h

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 firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.

Bloomberg on MSN · 14h

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.

Hosted on MSN19m

Comcast Stock Snags Price Target Cut Following 11% Decline On Q4 Results But Retail Sees ‘Historical’ Buying Opportunity

A Comcast Corp. (CMCSA) analyst reduced the price target for the stock following the media and technology company’s quarterly ...

10h

Comcast (NASDAQ:CMCSA) Ultra-Low-Lag Internet Proves Little Help

For communications titan Comcast (CMCSA), the earnings news overshadowed just about everything else. Recent word about a whole new kind of ...

MarketWatch22h

Comcast Corp. Cl A

Liberty Media Corp. Series C Liberty Formula One-0.89% $29.75B Liberty Media Corp. Series A Liberty Formula One-0.15% $29.75B Liberty Broadband Corp. Cl A-1.36% $11.42B Liberty Broadband Corp. Cl ...

9hon MSN

Charter stock tumbles ahead of report as rival Comcast's dwindling video, internet subs stoke fears

Shares in Charter Communications (NASDAQ:CHTR) slipped on Thursday in reaction to rival Comcast's (NASDAQ:CMCSA) fourth ...

Pivotal Research Sticks to Its Buy Rating for Comcast (CMCSA)

In a report released yesterday, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Comcast (CMCSA – Research Report), with a ...

14hon MSN

Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update

D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion ...

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