Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Boosts Studio Results, Peacock Trims Losses
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Comcast exceeded Wall Street's Q4 forecasts with $31.9 billion in revenue and adjusted EPS of 96 cents. The Content & Experiences division saw a 3.5% revenue increase, driven by strong studio results and reduced losses from Peacock.
January 30, 2025 | 12:30 pm
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Comcast reported strong Q4 results, surpassing Wall Street expectations with $31.9 billion in revenue and 96 cents EPS. The Content & Experiences division's revenue increased by 3.5%, aided by successful studio results and reduced losses from Peacock.
Comcast's better-than-expected revenue and EPS indicate strong financial performance, likely boosting investor confidence. The growth in the Content & Experiences division and reduced losses from Peacock further support a positive short-term outlook.
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