CMCSA · Comcast Corporation

Comcast Corp CMCSA

Provides cable broadband, video, and phone services and owns NBCUniversal's TV, film, and theme park businesses.

Daily briefOctober 22, 2026

Comcast gains as media strength offsets broadband customer losses

+3.44% to $22.84 from $22.08

Comcast reported adjusted EPS of $1.07, above the roughly $0.98 analysts expected, even as total revenue fell 6.1% year-over-year to $29.3 billion.
The company lost 144,000 domestic residential broadband customers in the quarter, compared with a loss of 91,000 a year earlier.
Peacock, Comcast’s streaming service, posted a second consecutive profitable quarter, helping offset weakness in the connectivity business.
Free cash flow was about $4.2 billion for the quarter.
Management said it expects underlying performance to strengthen through 2027, with broadband returning to growth in the second half of next year.

Sources: CNBC · Quartz · Yahoo Finance · Investing.com

Daily briefSeptember 9, 2026

-6.61% to $24.59 from $26.33

Comcast CFO Jason Armstrong told the Goldman Sachs Communacopia + Technology Conference that fiber-broadband pricing from rivals has become ‘irrational.’
Armstrong said the company expects no improvement in third-quarter broadband subscriber losses, sending Comcast shares down as much as 8%.
The comments dragged down cable peers, with Charter Communications falling roughly 6% and T-Mobile slipping about 3% in sympathy.
In its most recent quarter, Comcast’s domestic broadband revenue was down 5.5% year over year amid intensifying competition from fiber and fixed-wireless providers.

Sources: Bloomberg · 24/7 Wall St. · Investing.com

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