Earnings

Comcast (CMCSA) Q4 2020 earnings: 33 million Peacock sign-ups

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Comcast on Thursday reported fiscal fourth-quarter results that beat analyst estimates on the top and bottom lines. 

Comcast also reported record net customer additions for high-speed internet service in Q4, and an additional 11 million subscribers to its new streaming service, Peacock.

The stock was up more than 3% in the morning.

Here are the key numbers:

  • Earnings per share: 56 cents adjusted vs. 48 cents expected in a Refinitiv survey of analysts
  • Revenue: $27.71 billion vs. $26.78 billion expected by Refinitiv
  • High-speed internet customers:  538,000 vs. 490,000 net adds expected in a FactSet survey

The company said NBCUniversal’s Peacock now has 33 million sign-ups across the U.S., up from…



Source cnbc.com

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