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Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks.
Meanwhile, Comcast isn't building a 100% in-house, ad-supported service beyond its disappointing Peacock, which as of the latest count only serves 22 million paying customers.
Comcast's accelerating theme park expansion and rapid Peacock turnaround are driving near-term earnings growth. Learn more on ...
Cord-cutting is weighing on the media and cable company; Peacock is a path to growth. Comcast 's (CMCSA 0.31%) Peacock streaming service has gained a lot of momentum since its launch in April 2020.
Comcast Corporation (NASDAQ:CMCSA) ranks among the best set-it-and-forget-it stocks to buy. On June 25, Benchmark maintained ...
NBCUniversal parent Comcast in its Q1 earnings report posted a narrowed Peacock loss, higher theme parks financials and a broadband subscriber update.
As Comcast continues to invest in live sports, it's evident that they have been the difference in subscribers for Peacock.
Summary Comcast is a consistent dividend payer with underperforming stock due to cable TV uncertainty. Strong free cash flow and financial strength support dividend growth, especially as Peacock ...
In its first-quarter earnings, Comcast showed impressive growth in Peacock subscribers to 22 million.
With more than $90 billion in debt, Comcast may not have the financial flexibility to pursue major strategic opportunities, like gaining scale for Peacock.
Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks.