CMCSA Earnings Prediction
The chart below shows how CMCSA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CMCSA sees a -1.66% change in stock price 10 days leading up to the earnings, and a -0.47% change 10 days following the report. On the earnings day itself, the stock moves by +0.91%. This data can give you a slight idea of what to expect for the next quarter's release.
CMCSA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
32.07B
6.49%
8.02%
Gross Margin
56.05%
-6.07%
-8.50%
Operating Margin
18.26%
-14.99%
-18.26%
Net Margin
11.15%
-15.98%
-13.77%
EPS
0.94
-4.08%
-6.00%
No Data Available
CMCSA Earnings Analysis
Comcast Corp Corporation (CMCSA.O) Earnings Conference Call
Positive
Revenue Increase from Olympics: Total revenue increased 6.5% to $32.1 billion, benefiting from NBC Universal's highly successful airing of the Paris Olympics.
Major Growth Drivers Revenue: Our six major growth drivers, including residential broadband, wireless, business services connectivity, theme parks, streaming, and premium content generated nearly $18 billion in revenue, well over half of our total company revenue and grew 9% in the quarter.
Free Cash Flow and Returns: We generated free cash flow of $3.4 billion during the third quarter, and returned $3.2 billion of capital to shareholders, including $2 billion in share repurchases.
Broadband Revenue Growth: Our domestic broadband plus wireless revenue has been growing at 5%, which consistently leads the industry when you look across our competitors.
Network Expansion Milestone: We have extended our network to more than 1.2 million additional homes and businesses over the last 12 months, a 50%-plus increase over what we were able to do just two years ago.
Negative
Revenue Increase Driven by Olympics: Total revenue increased 6.5% to $32.1 billion, benefiting from NBC Universal's highly successful airing of the Paris Olympics. Excluding the Olympics, our revenue was relatively flat year-over-year.
Major Growth Drivers Revenue: Our six major growth drivers, including residential broadband, wireless, business services connectivity, the theme parks, streaming and premium content in our studios, generated nearly $18 billion in revenue, well over half of our total company revenue and grew 9% in the quarter and at a mid-single-digit rate over the past 12 months.
EBITDA and Cash Flow Update: Total EBITDA decreased 2% to $9.7 billion, while we generated free cash flow of $3.4 billion during the third quarter, and returned $3.2 billion of capital to shareholders, including $2 billion in share repurchases.
Share Count Reduction Impact: Over the last 12 months, we've reduced our share count by 6%, contributing to our adjusted EPS growth in the quarter of 3%.
Broadband Subscriber Loss: In terms of broadband subscribers, we reported a net loss of 87,000 in the quarter, which included an estimated net impact of 96,000 associated with the end of ACP. Excluding this ACP-related subscriber loss, we would have reported positive 9,000 broadband net additions in the third quarter.
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CMCSA Earning Call Sentiment
Comcast Corporation (CMCSA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CMCSA.O
1.62%Positive
The earnings call summary indicates positive financial performance with a 6.5% increase in total revenue, driven by the successful airing of the Paris Olympics. Despite a slight decline in EBITDA, the company showed strong shareholder returns with $3.2 billion returned. The Q&A section did not reveal significant concerns, though management was vague on some profitability details. The announcement of a potential spin-out and strong Peacock revenue growth are positive indicators. Overall, the sentiment is positive, likely leading to a 2% to 8% stock price increase over the next two weeks.