- Comcast experienced a significant decline in domestic broadband customers, with a loss of 199,000 compared to an expected loss of 144,173 and last year’s loss of 65,000.
- There was a positive growth in domestic wireless lines, increasing by 323,000, which is a 12% year-over-year rise, surpassing the estimate of 295,026.
- The domestic video customer base decreased by 427,000, slightly higher than the expected reduction of 409,310.
- Adjusted earnings per share (EPS) increased to $1.09, better than last year’s $1.04 and the estimate of $1.00.
- Comcast’s total revenue was $29.89 billion, a slight decrease of 0.6% year-over-year, but higher than the expected $29.76 billion.
- Connectivity & Platforms revenue stood at $20.14 billion, slightly down by 0.7% year-over-year, meeting estimates.
- Content & Experiences revenue increased by 0.8% year-over-year to $10.46 billion, exceeding the estimate of $10.27 billion.
- Studios revenue rose by 3% year-over-year to $2.83 billion, surpassing the expected $2.68 billion.
- Media revenue grew by 1.1% year-over-year to $6.44 billion, slightly above the estimate of $6.4 billion.
- Theme parks revenue was $1.88 billion, a decline of 5.2% year-over-year, matching expectations.
- Adjusted EBITDA improved by 1.9% year-over-year to $9.53 billion, outperforming the estimate of $9.15 billion.
- Peacock revenue surged by 16% year-over-year to $1.23 billion, slightly below the estimate of $1.3 billion.
- Peacock’s paid subscribers increased by 21% year-over-year to 41 million, exceeding the estimate of 37.65 million.
- The adjusted EBITDA loss for Peacock was $215 million, significantly better than the estimated loss of $405.4 million, representing a 66% improvement year-over-year.
- Free cash flow was strong at $5.42 billion, a 19% increase year-over-year, surpassing the estimated $4.06 billion.
- Capital expenditures for Connectivity & Platforms were down by 14% year-over-year at $1.63 billion, below the estimate of $1.86 billion.
- Content & Experiences capital expenditures decreased by 11% year-over-year to $602 million, less than the projected $801 million.
Comcast Corp Class A on Smartkarma
Analyst coverage of Comcast Corp Class A on Smartkarma reveals valuable insights for investors. Baptista Research, a prominent analytical firm on the platform, published reports highlighting Comcast’s financial performance and strategic outlook. In one report, Baptista Research notes Comcast’s record-breaking financial results for both the fourth quarter and full year of 2024, showcasing significant growth across various segments despite facing competitive challenges. The company achieved total revenue of $124 billion and an adjusted EBITDA of $38 billion, underscoring its strong profitability and robust free cash flow. Another analysis by Baptista Research focuses on Comcast’s strategic initiatives, particularly its efforts around the Olympics and the Peacock streaming service. The analysts delve into the impact of these strategies on Comcast’s market position and potential future valuation using a Discounted Cash Flow methodology.
A look at Comcast Corp Class A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Comcast Corp Class A, a company providing media and television broadcasting services globally, has received a mixed bag of Smart Scores indicating its long-term outlook. With a smart score of 3 for Value and Resilience, the company shows potential for stability and being reasonably priced. On the other hand, scoring a 4 for both Dividend and Growth, Comcast is demonstrating strong performance in these areas, suggesting good returns for investors. Additionally, Momentum is strong with a score of 4, indicating positive market sentiment and potential upward movement in the future.
In summary, Comcast Corporation, a media and television broadcasting giant, presents a solid overall outlook based on its Smart Scores. With a balanced mix of value, growth, resilience, and momentum, the company appears well-positioned for the long term. Investors may find Comcast Class A stock attractive for its dividends, growth potential, and overall stability in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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