“Comcast beats earnings expectations, reports Peacock sign-ups grow to 42 million”
April 29, 2021
“Comcast reported first-quarter results on Thursday that beat analyst estimates on the top and bottom lines.
Shares were up more than 3% in the morning.
Here are the key numbers:
- Adjusted earnings per share: 76 cents vs 58 cents expected in a Refinitiv survey of analysts
- Revenue: $27.21 billion vs $26.7 billion in the Refinitiv survey
- High-speed internet customers: 461,000 vs 396,000 net adds expected in a FactSet survey
Peacock, the company’s streaming service, reached 42 million sign-ups across the U.S., from 33 million in the fourth quarter. Comcast credited the addition of the popular series “The Office” and its exclusive domestic streaming rights to the WWE Network for the growth in sign-ups. The company didn’t break down the numbers around subscribers for the free plan or its paid versions…”
https://www.cnbc.com/2021/04/29/comcast-cmcsa-q1-2021-earnings.html