Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update

UPDATED with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.6 billion, rising 2% over the year-ago period, while adjusted earnings per share of 96 cents were a dime […]