Comcast Q4 2021 earnings
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Brian Roberts (CEO, Comcast) speaks with Jim Cramer on CNBC’s Mad Money, from Philadelphia, September 6, 2018.
David A. Grogan | CNBC
ComcastBefore the bell rings on Thursday, the company will report its fourth quarter earnings.
These are the main numbers
- Earnings: According to an analyst survey by Refinitiv, 73 cents per Share is expected
- Revenue:Refinitiv predicts $29.61 Billion in the future
- High-speed Internet customersAccording to FactSet, 220,000 net additions are expected
The company’s ability to attract new subscribers during this quarter will be a key indicator for investors. predicted a full-year number that fell below estimatesLast month at an event
Recent tech stocks experienced a broad sell-offExpectations of a return back to normalcy at the end of the peak Covid-19 pandemicSome investors are hesitant to invest in the so-called “stay-at-home” stocks due to rising inflation.
Comcast is likely to provide data on the usage of NBCUniversal’s ad supported streaming service Peacock. It faces competition from Amazon, Netflix, and Disney among other streaming services. Jeff Shell, CEO at NBCUniversal, said that the company added a few more million subscribers to its service last quarter after it reported in July that there were 54 million users.
Recent pandemic-induced relaxations have allowed for a rebound in the theme park business.
Any guidance would be for the next quarter. This is to account for NBCUniversal airing the Winter Olympics in February. This year’s Olympic Games will face additional challenges due to the U.S. and Covid-19 spreading. diplomatic boycottJen Psaki, White House Press Secretary, said that this year’s event was being hosted because of “ongoing genocide in Xinjiang (and other human rights violations) by China”.
The story continues to develop. Stay tuned for new updates.
Disclosure: CNBC’s parent company NBCUniversal, owned by Comcast, is owned exclusively by Comcast.
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