
Comcast Corporation reported a robust first quarter in 2024, surpassing Wall Street's expectations with adjusted earnings per share of $1.04, against the expected $0.99. Total revenue reached $30.06 billion, exceeding forecasts of $29.83 billion, and the company's market cap stood at $159.71 billion. A significant contributor to this performance was the Peacock streaming service, which generated $1.05 billion in revenue against expectations of $1.02 billion and added 3 million new subscribers. Despite these gains, Peacock reported a loss of $639 million for the quarter. Additionally, Comcast experienced a decline in domestic broadband customers, losing 65,000 subscribers. The company's stock climbed following the earnings announcement, buoyed by strong park attendance and overall financial performance.
$MSFT $GOOGL reporting tonight. Just $5 trillion in combined market cap. Places everyone. https://t.co/YekAbrS1VG
$AAPL looks holding 167+ https://t.co/bzRHt8qQes
⚡️ Comcastic Competition ⚡️ Noteworthy addition to the words Comcast Chairman, Brian Roberts used to framed quarterly results in Q1 2024 $CMCSA https://t.co/zkHxRXSvaj






