Change 99.8 % 95.5 % 55.2 % 53.5 % Amortization of acquisition-related intangible assets (1) 491 0.11 Q3 earnings released: Oct. 29. Consumer demand for high-speed internet surged last quarter at NBCUniversal parent Comcast even as theme park revenue plunged 80% in a mixed earnings report that reflected the ongoing pandemic. Remember: . The results, however, came in above the market's projection and the company's stock gained early Thursday. Revenue increased 19% to $30.3 billion. The Tokyo Olympics alone were responsible for $1.8 billion in revenue, with ad sales jumping 73%. The +300,000 net adds were in line with analyst expectations of +296,000. Cable Communications total customer relationship net additions of 556,000, were the best quarterly result ever for the company. Between 2006 and 2020, the EPS (earnings per share) ratio of Comcast decreased. Comcast is set to report earnings for its third quarter of 2020 before the bell on Thursday.. Analysts expect sales to rise by 15.6% YoY to $109.28 billion in 2019. Comcast Q3 2021 Earnings Call Transcript (NASDAQ:CMCSA ... Comcast has confirmed that its next quarterly earnings report will be published on Thursday, January 27th, 2022. Comcast (CMCSA) Q3 2020 earnings - Business News Letter to Shareholders. Comcast touted a revenue boost from the Tokyo Olympics in the company's Q3 2021 earnings report, but dodged questions about Peacock's performance in an analysts call Thursday.. Peacock, the . 4,628 4,619 4,616 4,606 Comcast Corporation (CMCSA) Q3 2021 Earnings Call Transcript . Comcast (CMCSA) delivered better-than-expected Q3 2021 results. The Zacks Consensus Estimate for third-quarter 2020 revenues is pegged at $24.75 billion, indicating a 7.8% dip from the. October 20, 2020 Fellow shareholders, As we expected, growth has slowed with 2.2m paid net adds in Q3 vs. 6.8m in Q3'19. In the first nine months of 2020, we added 28.1m paid memberships, which exceeds the Peacock, the NBCUniversal-owned streaming service that launched nationally in July 2020, has been a key discussion point in Comcast's earnings reports over the last year. Comcast's net income was $4 billion. Comcast delivered better-than-expected Q3 2021 results.Revenue and earnings came in above consensus estimates, affirming strong operating and financial results. Analysts had been . Sales, however, increased by 7.66% over the previous quarter to $25.53 billion. The report did not share any figures on attendance, but the region has seen a positive return in visitation during the summer, despite not hitting . I'll begin on Slide four with our third quarter consolidated 2021 results. Additionally, the stock looks expensive if you look at its expected earnings growth of 7.8% and 5.7% in 2020 and 2021, respectively. Of course, there were also massive costs associated with putting on the already pricey 2020 Summer Olympics in the summer of 2021. The Tokyo Olympics alone were . NBCU revenue soared 58% to $10 billion in the quarter, making up about one-third of Comcast's overall top-line figure. Net earnings from . Comcast's third-quarter earnings beat analyst estimates on the top and bottom lines. With ad sales down, and movie theaters and theme parks largely closed, NBCUniversal will lean on the otherwise strong performance of Comcast's cable . Comcast has confirmed that its next quarterly earnings report will be published on Thursday, January 27th, 2022. Comcast. Wednesday, November 25, 2020. In the pre-market trade, CMCSA is trading at $42.83, up $0.85 or 2.02 percent. Less: Net earnings from discontinued operations, net of tax. Thanks, Brian, and good morning everyone. Consolidated revenues slid 4.8% year over year to $25.53 billion, but beat the Zacks Consensus Estimate by 3.2%. The company also declared a quarterly dividend.. The Zacks Research Daily presents the best research output of our analyst team. This. E-mail: Password: Show password. Comcast added a record 633,000 residential and business broadband Internet customers in the Q3-2020, but lost another 273,000 video customers. At . Comcast stock was on the rise Thursday following the release of a solid earnings report for the third quarter of the year. *The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. $2,019 $3,217 $7,154 $ 9,895 Diluted earnings per common share attributable to Comcast Corporation shareholders. Comcast added a record 633,000 residential and business broadband Internet customers in the Q3-2020, but lost another 273,000 video customers. Revenue and earnings came in above consensus estimates, affirming strong operating and financial results. Here's how the Comcast's reported EPS has stacked up against analyst estimates in the past:Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019 EPS Estimate 0.68 0.76 0.74 0.75 EPS Actual 0.71 0.79 0.79 0.78 . Comcast CMCSA is set to report third-quarter 2020 results on Oct 29. Comcast will be holding an earnings conference call on Thursday, January 27th at 8:30 AM Eastern. Comcast will be holding an earnings conference call on Thursday, January 27th at 8:30 AM Eastern. Net income attributable to Comcast Corporation and diluted earnings per share attributable to Comcast Corporation shareholders $4,035 $0.86 $2,019 $0.44 $11,102 $2.38 $7,154 $1.55. Six months after its nationwide launch, Comcast NBCUniveral's premium ad supported streaming service Peacock has 33 million subscribers in the United States - up from 22 million in Q3 2020 - exceeding the company's targets following a reorganization of its TV and . The earnings release did not include any statistics for Peacock, the direct-to-consumer streaming service launched in the spring of 2020. Analysts estimate that Comcast will . The pace of broadband subscriber growth at Comcast slowed to 300,000 in Q3 2021. Comcast on Thursday reported $230 million in revenue and a $520 million adjusted loss related to NBCUniversal streaming service Peacock in its third-quarter earnings report.That compared to $41 . Earnings for Comcast are expected to grow by 15.58% in the coming year, from $3.21 to $3.71 per share. Adjusted earnings dropped to $0.65 per share from $0.79 per share last year, but exceeded Wall Street's prediction. NBCU revenue soared 58% to $10 billion in the quarter, making up about one-third of Comcast's overall top-line figure. Operating Activities: Net earnings (ViacomCBS and noncontrolling interests) $ 2,523 $ 1,872. Net income attributable to Comcast Corporation. Despite the increase in sales this quarter, the . Streaming is in, while cord-cutting continues to accelerate. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. And finally, we generated $3.2 billion of free cash flow. Year-to-date cash flow from operations of $32.5 billion, an increase of $5.7 billion year over year. . The information here is provided for your convenience only. "China is a big opportunity. Here are the key numbers: Earnings per share: 52 cents expected, according to Refinitiv survey of analysts Revenue: $24.74 billion expected, according to Refinitiv High-speed internet customers: 534,000 net adds expected, according to FactSet Comcast's theme parks business, which is part of its . Last July, Comcast said the outlet had hit 54 million . Comcast's net income was $4 billion. Please note, that this conference. 90. Q3: 2020-10-29 Earnings Summary. Therefore, the market may still be lukewarm with knee jerk reactions throughout 2020. Comcast (CMCSA) will release its Q3 earnings results on October 24. Overall, Comcast's cable segment grew revenue to $16.1 billion from $15.0 billion in the third quarter, fueled by growth in broadband, wireless, and advertising revenue. Comcast's net income was $4 billion. First, Q3 saw the best quarterly results on record for total high-speed internet (broadband . NBCU revenue soared 58% to $10 billion in the quarter, making up about one-third of Comcast's overall top-line figure. Comcast has released its third-quarter earnings for 2020, and the company boasted a few historic highs. Comcast on its third-quarter earnings call Thursday said it expects more than a billion dollars in revenue in China after a theme park opens in Beijing around 2020. Operating revenue decline of 4.1 percent from third-quarter 2019. All Earnings . On January 9, Comcast's dividend yield was 1.85%. First, Q3 saw the best quarterly results on record for total high-speed internet (broadband . EPS of $0.65 beats by $0.14 | Revenue of $25.53B (-4.83% Y/Y) beats by $806.96M. Annual Report on Form 10-K. COMCAST CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nasdaq: CMCSA | Nasdaq. See Comcast's full Q3 2021 earnings report here. Comcast (NASDAQ: CMCSA) posted a 12.29% decrease in earnings from Q2.Sales, however, increased by 7.66% over the previous quarter to $25.53 billion. Comcast Tops Q3 Earnings Forecast On Record Broadband Additions. Comcast, which belongs to the Zacks Cable Television industry, posted revenues of $25.53 billion for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 3.24%. At . Oct 29, 2020. Last July, Comcast said the outlet had hit 54 million . That was . CMCSA shares fell 1.03% to close at . Comcast touted a revenue boost from the Tokyo Olympics in the company's Q3 2021 earnings report, but dodged questions about Peacock's performance in an analysts call Thursday. Comcast Q3 2020 earnings: Peacock sign-ups surge while traditional cable subscribers fall. Oct 29 2020 6:41 AM EDT Updated Thu, . With ad sales down, and movie theaters and theme parks largely closed, NBCUniversal will lean on the otherwise strong performance of Comcast's cable . Comcast (NASDAQ: CMCSA) reported adding 633,000 new high-speed internet customers in the quarter, up 50% from the 379,000 it added in Q3 2019. NBCU revenue soared 58% to $10 billion in the quarter, making up about one-third of Comcast's overall top-line figure. Comcast shares closed up 2.6% Thursday at $43.06. Earnings for Comcast are expected to grow by 15.58% in the coming year, from $3.21 to $3.71 per share. The Tokyo Olympics alone were . $0.44 $0.70 $1.55 $ 2.15 Diluted weighted-average number of common shares. Xfinity Mobile, Comcast's mobile service via Verizon MVNO agreement, added 187,000 wireless subscriber in Q3-2020. Do the numbers hold clues to what lies ahead for the stock? Comcast CMCSA is set to report third-quarter 2020 results on Oct 29. The Tokyo Olympics alone were . Comcast Corporation (NASDAQ: CMCSA) Q3 2020 Earnings Conference Call . Year in Review. Here are the key numbers: Earnings per share: 52 cents expected, according to Refinitiv survey of analysts Revenue: $24.74 billion expected, according to Refinitiv High-speed internet customers: 534,000 net adds expected, according to FactSet Comcast's theme parks business, which is part of its . Comcast CMCSA is set to report third-quarter 2020 results on Oct 29. Adjusted EBITDA increased 18% to $9 billion, adjusted EPS increased 34% to $0.87 per share. 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