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Comcast Increases Dividend and Share Repurchase Authorization
Businesswire· 2024-01-25 20:05
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.31 a share on the company’s common stock, payable on April 24, 2024, to shareholders of record as of the close of business on April 3, 2024. In addition, Comcast announced that its Board of Directors also approved a ...
Comcast is set to report earnings before the bell — here's what Wall Street expects
CNBC· 2024-01-25 19:30
Comcast is expected to reported fourth-quarter earnings before the bell on Thursday. Here's what Wall Street expects for the media company's results, according to LSEG, formerly known as Refinitiv: o ¢ Earnings: 79 cents per share Revenue $30.51 billion Analysts will be watching how quickly Comcast is losing broadband subscribers. In the third quarter, the segment's revenue rose even as subscribers fell, due to higher rates. Wall Street will also have an eye on subscriber growth for NBCUniversal's money-los ...
Peacock reportedly signed up 2.8 million subscribers for its NFL playoff game
Business Insider· 2024-01-25 01:00
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Access your favorite topics in a personalized feed while you're on the go. download the app Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Earlier this month, NBC Universal said the NFL playoff game it streamed (mostly) exclusively on Peacock, its streaming service, was a huge success. NBC and its parent company, Comcast, backed u ...
Exploring Analyst Estimates for Comcast (CMCSA) Q4 Earnings, Beyond Revenue and EPS
Zacks Investment Research· 2024-01-24 03:01
Wall Street analysts forecast that Comcast (CMCSA) will report quarterly earnings of $0.80 per share in its upcoming release, pointing to a year-over-year decline of 2.4%. It is anticipated that revenues will amount to $30.41 billion, exhibiting a decline of 0.5% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projectio ...
3 Communication Stocks to Dial Up Your Profits in 2024
InvestorPlace· 2024-01-23 09:52
Communications companies are a great addition to any investor’s portfolio due to the sector’s continued strength, especially recently. For example, industry leaders such as Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL) have seen their share prices rise by 181% and 57% within this last year, respectively. These are just some of the communication stocks that are on the rise. Communication services is an industry that will most likely continue to see growth due to the ever-growing environment of new ...
Comcast Earnings May Remain Flat as Broadband Falls, Peacock Subscriptions Grow
Investopedia· 2024-01-23 06:25
宽带业务情况 - Comcast的核心宽带业务近几个季度出现流失用户的情况[3][4] - 公司希望通过加强流媒体服务、无线服务和主题公园业务来抵消宽带业务下滑对公司总收入的影响[5][6] 产品推出 - 公司计划利用家庭安全和监控工具的增长需求,推出了门窗传感器和运动传感器产品[7]
Comcast Earnings: Numbers Are Improving And The Company Is Still Undervalued
Seeking Alpha· 2024-01-23 04:29
SOPA Images/LightRocket via Getty Images Investment Thesis Comcast (NASDAQ:CMCSA) is about to report its FY23 earnings on the 25th of January, so I wanted to take a quick look at how the company's financials developed since my last coverage and take a look at what to expect from the upcoming report. I'm not expecting any major top-line growth from the company, but I would like to see margin improvements. Peacock TV has a lot of potential but is very far from being a profitable segment. Nevertheless, I belie ...
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Zacks Investment Research· 2024-01-22 22:51
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter. Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises. The ability to identify stocks that are likely to top quarterl ...
New Data Shows Nearly 90% of Michigan Jobs Require Digital Skills, One-Third of Workers Currently Have Low or No Digital Skills
Businesswire· 2024-01-22 21:45
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--The National Skills Coalition (NSC) released new data spotlighting the demand for digital skills in Michigan’s labor market. The NSC analysis found that 89% of jobs analyzed require digital skills, including those in Michigan’s priority sectors like manufacturing, healthcare and agriculture. Previous NSC research found one-third of workers lack the foundational digital skills necessary to enter and thrive in today’s job market, pointing to a significant divide in Michig ...
Comcast (CMCSA) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-20 08:05
The latest trading session saw Comcast (CMCSA) ending at $43.35, denoting a +1.9% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 1.23% for the day. Meanwhile, the Dow experienced a rise of 1.06%, and the technology-dominated Nasdaq saw an increase of 1.7%. Heading into today, shares of the cable provider had lost 3.36% over the past month, lagging the Consumer Discretionary sector's loss of 2.56% and the S&P 500's gain of 0.94% in that time. The upcoming ear ...