Comcast (CMCSA) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
CMCSAComcast(CMCSA) Zacks Investment Research·2024-01-26 01:36

Comcast (CMCSA) fourth-quarter 2023 adjusted earnings of 84 cents per share beat the Zacks Consensus Estimate by 5% and increased 2.4% year over year. Consolidated revenues increased 2.3% year over year to $31.2 billion and beat the Zacks Consensus Estimate by 2.77%. Domestic broadband average rate per customer increased 3.9% and drove domestic broadband revenue growth of 3.7% in the fourth quarter. Comcast lost 34K domestic broadband customers in the reported quarter. Moreover, it lost 389K video customers ...