earnings
confidence high
sentiment positive
materiality 0.75
Comcast Q1 2023 Adj EBITDA +2.9% to $9.4B, EPS $0.91; Peacock subs 22M
COMCAST CORP
2023-Q1 EPS reported
$0.91
revenue$29,691,000,000
- Revenue $29.7B, -4.3% YoY (absence of Olympics/Super Bowl); Adj. EPS $0.92, +7%.
- Peacock paid subs >22M (+60% YoY); revenue $685M, Adj. EBITDA loss $704M.
- Theme Parks Adj. EBITDA record $658M, +46% on higher attendance and Super Nintendo World.
- Domestic broadband revenue +4.8% to $6.3B; wireless net adds 355K lines.
- Free cash flow $3.8B (-20% YoY); returned $3.2B via dividends ($1.2B) and buybacks ($2.0B).