Earnings

Comcast (CMCSA) 4Q22 earnings

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Comcast on Thursday reported fourth-quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. 

The company’s top-line growth was fueled by higher revenue from its broadband and wireless businesses, as well as its theme parks segment. 

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Here’s how Comcast performed, compared with estimates from analysts surveyed by Refinitiv:

  • Earnings per share: 82 cents, adjusted, vs. 77 cents expected
  • Revenue: $30.55 billion vs. $30.32 billion expected.

The Philadelphia company reported Thursday its fourth-quarter adjusted earnings before interest, taxes, depreciation and…



Source cnbc.com

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