Revenue segments as reported by the company.

Cable Communications

NBCUniversal

Connectivity & Platforms

Content & Experiences

Corporate and Other

Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Programming and production

Other operating and administrative

Advertising, marketing and promotion

Depreciation

Amortization

Goodwill and long-lived asset impairments

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Comcast

DreamWorks is an American film production label of Amblin Partners. It has produced or distributed more than ten films with box-office grosses of more than $100 million each.

DreamWorks

Fandango is an American ticketing company that sells movie tickets via their website as well as through their mobile app of which Comcast owns 70% of.

Fandango

NBCUniversal is an American multinational media conglomerate that is a subsidiary division of Comcast.

NBC Universal

FreeWheel is a technology platform for ad management and monetization, a private marketplace for premium television inventory, and advisory services.

FreeWheel

Comcast Corp. engages in the provision of video, Internet, and phone services. It operates through the following segments: Residential Connectivity and Platforms, Business Services Connectivity, Media, Studios, and Theme Parks. The Residential Connectivity and Platforms segment consists of residential broadband and wireless services and Sky-branded entertainment television networks and advertising. The Business Service Connectivity segment offers broadband, wireline voice and wireless services through small to medium customers and large enterprises through the HFC network. The Media segment consists of NBCUniversal’s television and streaming platforms, including national, regional, and international cable networks. The Studios segment focuses on NBCUniversal’s film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. The company was founded by Ralph Roberts in 1963 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comcast achieves record revenue and subscriber growth in 2022

Comcast delivered exceptional financial results in 2022, focusing on strategic investments in key growth areas. While facing challenges in certain segments, the company is optimistic about future prospects and is prioritizing cost management and network expansion. Opportunities for growth exist in NBCUniversal, wireless services, and the stabilized ad market.

Comcast reports strong Q1 earnings, eyes wireless growth opportunities

Comcast's Q1 2023 earnings call highlighted robust financial performance, strategic growth areas, and challenges in content revenue and video segment, underscoring the company's adaptability and focus on innovation.
The emphasis on connectivity, margin improvement, and subscriber growth positions Comcast favorably in the competitive landscape, with a strong foundation for future expansion and revenue diversification.
Strategic discussions around network capabilities, content differentiation, and operational optimizations reflect Comcast's proactive approach to navigating industry shifts and maximizing shareholder value.

Comcast reports solid Q2 growth, eyes sports rights expansion

Comcast's Q2 performance showcased revenue growth and milestone EBITDA figures, with notable successes in broadband, theme parks, and Peacock. Despite challenges in the broadband market and content losses, Comcast's strong balance sheet and strategic initiatives position it well for future growth and expansion.

Comcast reports strong Q3 earnings, eyes sports streaming growth

Comcast's Q3 performance reflects solid growth in revenue, EBITDA, and EPS, driven by strong performance in connectivity, content, and parks businesses.
While facing challenges such as Peacock's losses and ARPU growth deceleration, Comcast remains focused on strategic investments in existing businesses for sustainable growth.
The company's emphasis on innovation, market leadership, and network enhancements positions Comcast well to capitalize on opportunities in sports streaming, business services, and network technology.

Comcast achieves record revenue in Q4 2023, eyes growth opportunities

Comcast's Q4 2023 performance showcased record revenue and strong financial metrics, driven by growth in connectivity and content segments.
The company faces challenges in revenue diversification, competitive broadband landscape, and short-term financial pressures from elevated CapEx levels.
However, Comcast's strengths lie in identified growth opportunities, successful partnerships, and focus on user experience and subscriber retention.
With a strategic focus on margin expansion, capital returns, and upcoming projects, Comcast remains positioned for long-term growth and success.

Comcast reports robust Q1 earnings, eyes growth in content and broadband

Comcast's strong financial performance and strategic focus on key segments position the company for continued growth and shareholder value creation.
While facing challenges in content monetization and subscriber retention, Comcast's emphasis on ARPU growth and market expansion presents opportunities for future revenue growth.
Investments in theme parks, exploration of new ventures like video games, and the success of Peacock streaming service underscore Comcast's commitment to innovation and market relevance.

Comcast reports strong broadband growth, faces challenges in Parks segment

Comcast's Q2 2024 earnings call highlighted strong broadband revenue growth and challenges in Parks segment.
The company emphasized market segmentation, ARPU growth, and new product offerings for price-conscious customers.
Peacock's revenue growth from advertising and distribution, along with upcoming Studios titles, offset revenue declines.
Capital return initiatives and network expansion efforts underscored a focus on shareholder value and competitive adaptability.
Excitement for upcoming Epic Universe opening and positive outlook for long-term growth opportunities across segments.

Comcast reports robust Q3 earnings driven by media and connectivity

Comcast's Q3 performance showcased strong revenue growth, particularly in the media and connectivity segments.
While facing challenges in subscriber losses and theme park revenue decline, the company remains focused on financial stability and shareholder returns.
Opportunities lie in investing in growth areas like the upcoming theme park and expanding market share in broadband and mobile services.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Disney

Paramount Global

Warner Bros Discovery Inc

The recent earnings report from media conglomerates had similar trends, streaming is still not profitable and ad dollars to linear TV is dropping

Earnings Reports From Media Companies Reveal Common Trends

PHILADELPHIA--(BUSINESS WIRE)--Comcast is the first internet provider to offer a back-up connectivity device designed to keep customers connected during a storm.

Comcast Is the First Internet Provider to Offer a Back-Up Connectivity Device Designed to Keep Customers Connected During a Storm

Netflix

The Hollywood actors and writers strikes spotlight many of the difficulties that businesses and workers both face in the post-COVID economy and from the challenges of the growing gig economy and artificial intelligence.

Strict limits on AI would harm unionized actors and writers

INDIANAPOLIS--(BUSINESS WIRE)--USA Gymnastics (USAG) today announced that global media and technology company, Comcast, will have its Xfinity brand serve as the organization's official mobile, internet, and video provider. Comcast will power the USA Gymnastics National Team as they prepare for the Olympic and Paralympic Games Paris 2024 while also championing the next generation of gymnasts nationwide. “We are proud to partner with USA Gymnastics and support the incredible gymnasts who are purs.

Comcast Becomes Proud Partner of USA Gymnastics

ATLANTA--(BUSINESS WIRE)--COMCAST BUSINESS NAMES TRACY PITCHER SENIOR VICE PRESIDENT AT CENTRAL DIVISION HEADQUARTERS.

Comcast Business Names Tracy Pitcher Senior Vice President at Central Division Headquarters

By now, you've likely heard about ongoing strikes affecting entertainment stocks. After actors joined the writer picket lines, most entertainment stocks fell sharply.

Trouble in Tinseltown: 3 Entertainment Stocks to Sell Before the Curtain Falls

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--The 2022-23 FedExCup Regular Season concluded this weekend at the Wyndham Championship with Spain's Jon Rahm claiming the No. 1 position in the Comcast Business TOUR TOP 10 and earning a $4 million bonus. The Comcast Business TOUR TOP 10 emphasizes player performance by rewarding the top players in the FedExCup standings at the end of the FedExCup Regular Season. “I'm grateful to win this year's Comcast Business TOUR TOP 10, a reminder of the season I p.

Jon Rahm Finishes No. 1 in Comcast Business TOUR TOP 10 to Claim $4 Million Bonus

Electronic Arts

Frontier Communications Parent

Roblox

Snap

According to Morningstar, communication services companies are those “that provide communication services using fixed-line networks or those that provide wireless access and services.” Also within the space are firms “that provide Internet services such as access, navigation and Internet related software and services.

Sell Alert: 7 Communication Services Stocks to Dump ASAP

Charter Communications

Wolfe Research analyst Peter Supino especially likes the outlook for Charter stock, boosting his rating to Outperform. And he backs away from a bearish call on Comcast stock.

Comcast, Charter Shares Get Upgrades. Analyst Says a Wireless Threat Is Fading.

Theme park revenue and earnings are both already near or at record levels. Studio profits grew dramatically during the quarter, but that was from a low level.

Much of Comcast's Q2 Profit Growth Came From 2 Businesses -- and That's a Problem for the Stock

Both 'Barbie' and 'Oppenheimer' held tough at the domestic box office in their second weekends.

'Barbenheimer' is a billion-dollar win for the global box office

PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced the release of its inaugural Comcast Business Cybersecurity Threat Report, presenting essential insights into the global cybersecurity landscape and effective strategies for technology and security leaders to safeguard their organizations against evolving cyber threats. “Technology is accelerating at a breakneck pace – bringing sophisticated new tools to both attackers and defenders. And although attacker tools are evolving, social.

Comcast Business Report Finds Global Cybersecurity Community at a Crossroads as Technology Advancements Accelerate

IMAX

Seven days after Greta Gerwig's “Barbie” and Christopher Nolan's “Oppenheimer” conspired to set box office records, the two films held unusually strongly in theaters. “Barbie” took in a massive $93 million in its second weekend, according to studio estimates Sunday.

‘Barbie' bonanza continues at box office, ‘Oppenheimer' holds on to No. 2 spot

EPR Properties

Mattel

"Barbie" is minting tickets and dollars at the box office. Disney's latest "Ant-Man" disappointed.

You Can't Control Movie Blockbusters, but You Can Control What You Do About Them

Alphabet

Roku

The current screen actors guild (SAG AFTRA) strike is not being felt by consumers yet. With several blockbuster movies already finished production, there should be a steady stream of content for consumers to get through the summer.

3 Streaming Stocks That Can Push Past the Actors Guild Strike

FORT WAYNE, Ind.--(BUSINESS WIRE)--Comcast Gives $50,000 to The Literacy Alliance in Fort Wayne to Advance Economic Opportunity Through Digital Literacy.

Comcast Gives $50,000 to The Literacy Alliance in Fort Wayne to Advance Economic Opportunity Through Digital Literacy

Comcast's (CMCSA) Q2 earnings reflect continued momentum in the wireless subscriber base, offset by a slowing broadband subscriber base.

Comcast (CMCSA) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

PulteGroup

Royal Caribbean Cruises

Today, 42 S&P 500 Index (SPX) members are hitting fresh peaks.

3 Stocks Hitting Post-Earnings Highs

Honeywell

Mastercard

McDonald's

Shell PLC

Health Care Select Sector SPDR Fund

Strong Q2 GDP +2.4% vs. 1.5% expected further undermines the recession narrative.

Wall Street Lunch: GDP Blows Past Forecasts

Comcast (CMCSA) posted its biggest earnings beat in two years on Thursday, as a surge in revenue from streaming, theme parks, and the box office offset weakness in its broadband and legacy cable offerings.

Streaming, Theme Parks, and Box Office Strength Propel Solid Q2 Earnings at Comcast

Although the revenue and EPS for Comcast (CMCSA) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Comcast (CMCSA) Reports Q2 Earnings: What Key Metrics Have to Say

Comcast Corp ( CMCSA , Financial) stock recently saw a 6.02% gain, with Earnings Per Share (EPS) (EPS) of $1.32. This raises an intriguing question: is the stock modestly undervalued?

Unearthing Value: A Closer Look at Comcast's (CMCSA) Modest Undervaluation

Comcast Corporation (NASDAQ:CMCSA ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Brian Roberts - Chairman and Chief Executive Officer Jason Armstrong - Chief Financial Officer Michael Cavanagh - President of Comcast Corporation David Watson - President and Chief Executive Officer of Comcast Cable Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Brett Feldman - Goldman Sachs Philip Cusick - J.P. Morgan Jessica Reif Ehrlich - BofA Securities Stephen Kale - Wells Fargo John Hodulik - UBS Vijay Jayant - Evercore ISI Jonathan Chaplin - New Street Operator Good morning, ladies and gentlemen, and welcome to Comcast's Second Quarter Earnings Conference Call.

Comcast Corporation (CMCSA) Q2 2023 Earnings Call Transcript

NBCUniversal's sports portfolio, with Sunday Night Football and Premier League, has been a big driver for Peacock. And NBA could soon join the fold.

NBCUniversal's Peacock streaming service is growing, thanks to live sports

Apple

American Tower

Amazon

AST SpaceMobile

Altice USA

JPMorgan BetaBuilders MSCI US REIT ETF

Crown Castle International

DigitalBridge Group

DISH Network

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed their capital-intensive network expansion plans in recent quarters following a significant wave of investment and tower equipment upgrades from 2019-2022 to deploy nationwide 5G networks. The latest selloff was intensified by an expose alleging that century-old abandoned phone lines owned by AT&T and Verizon are leaching toxic lead into drinking water, potentially requiring costly remediation.

News for Comcast Stock (CMCSA)