earnings
confidence high
sentiment neutral
materiality 0.75
Comcast Q3 adj. EPS $1.12 (+3.3%); revenue $32.1B (+6.5%)
COMCAST CORP
2024-Q3 EPS reported
$2.90
revenue$91,817,000,000
- Net income $3.6B (-10.3%); adjusted EBITDA $9.7B (-2.3%); free cash flow $3.4B.
- Domestic broadband customers down 87k; ARPU up 3.6%; wireless lines +20% to 7.5M.
- Connectivity & Platforms adj. EBITDA margin 40.9% (+30 bps); Business Services EBITDA +4.2%.
- Peacock revenue $1.5B (+82%); paid subs 36M (+29%); Olympics contributed $1.9B incremental revenue.
- Returned $3.2B to shareholders via $1.2B dividends and $2.0B share repurchases.