Previous close | 41.43 |
Open | 0.00 |
Bid | 39.32 x 0 |
Ask | 39.28 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 20,518 |
Market cap | 779.08B |
Beta (5Y monthly) | 0.97 |
PE ratio (TTM) | 10.11 |
EPS (TTM) | 3.88 |
Earnings date | N/A |
Forward dividend & yield | 0.89 (2.28%) |
Ex-dividend date | 02 Apr 2024 |
1y target est | N/A |
Losses at Peacock narrowed to $639 million compared to a loss of $704 million in the prior-year period
Shares of Comcast (CMCSA) are trading lower Thursday, after the media giant reported its first quarter results. While the company added 3 million paid subscribers to its streaming platform Peacock, it reported a wider-than-expected loss in broadband customers. However, the cable company's earnings did top estimates. Yahoo Finance's Brad Smith and Seana Smith break down the details of Comcast's quarterly performance, dissecting the factors behind the company's strengths and weaknesses. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Comcast reports a solid start to 2024 with significant gains in Peacock subscribers and wireless customer lines, alongside stable EBITDA and strong share repurchases.