Brian Roberts, CEO, Comcast, speaks with Jim Cramer, on CNBC’s “Mad Cash” from Philadelphia, September 6, 2018.
David A. Grogan | CNBC
Comcast is ready to file profits for the fourth quarter of 2021 ahead of the bell on Thursday.
Listed here are the important thing numbers:
- Profits: 73 cents according to proportion anticipated, in step with a Refinitiv survey of analysts
- Income: $29.61 billion anticipated, in step with Refinitiv
- Top-speed web consumers: 220,000 internet provides anticipated, in step with FactSet
Traders shall be gazing what number of new broadband subscribers the corporate has been ready to herald all the way through the quarter, after Comcast Cable CEO predicted a full-year quantity that fell underneath estimates all the way through an match final month.
Tech shares have just lately skilled a huge sell-off as expectancies of a go back to normalcy from the peak of the Covid-19 pandemic power some buyers clear of the so-called stay-at-home shares amid emerging inflation.
Comcast may even most probably supply perception into intake of NBCUniversal’s ad-supported streaming carrier, Peacock. The carrier has faces a aggressive box together with Disney, Netflix and Amazon, amongst others. Remaining quarter, NBCUniversal CEO Jeff Shell stated it “added a couple of million extra subs,” after the corporate stated in July it had 54 million sign-ups.
The corporate’s theme parks industry has just lately noticed a rebound as pandemic-induced restrictions have eased.
Any steering for the next quarter would account for NBCUniversal’s airing of the Olympics and Tremendous Bowl, in February. The Olympic Video games face additional demanding situations this yr amid the chronic risk of Covid-19 unfold and the U.S.’s diplomatic boycott because of what White Space Press Secretary Jen Psaki known as “ongoing genocide and crimes towards humanity in Xinjiang and different human rights abuses” via China, this yr’s host of the development.
This tale is growing. Test again for updates.
Disclosure: Comcast is the landlord of CNBC mother or father corporate NBCUniversal.
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