Comcast shares plunge

Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock buyback program.
Comcast’s earnings beat offset by continued subscriber losses
Comcast Corp.’s stock fell 1.9% early Thursday, after the cable company’s fourth-quarter earnings topped estimates but it continued to shed subscribers at its domestic broadband business. The company had per-share earnings of $1.
Comcast beats earnings estimates as broadband revenue rises despite customer losses
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.

Comcast, Dividend

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...
Comcast price target lowered to $37 from $45 at Wells Fargo
Wells Fargo lowered the firm’s price target on Comcast (CMCSA) to $37 from $45 and keeps an Equal Weight rating on the shares. The firm says ...
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
BofA downgrades Comcast to Neutral at start of ‘reset year’
As previously reported, BofA analyst Jessica Reif Ehrlich downgraded Comcast (CMCSA) to Neutral from Buy with a price target of $38, down from ...
Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” ...
Comcast: Cautious Hold Amid Competitive Pressures and Strategic Concerns
Bernstein analyst Laurent Yoon maintained a Hold rating on Comcast (CMCSA – Research Report) today and set a price target of $38.00.Invest with ...