Monday, September 26, 2022
HomeTechnologyComcast (CMCSA) earnings Q3 2021

Comcast (CMCSA) earnings Q3 2021

Brian Roberts, Chairman and CEO of ComcastDavid A. Grogan | CNBCComcast will report third-quarter earnings before the bell Thursday.Here’s what analysts are expecting:Earnings: $0.75 per share adjusted, according to RefinitivRevenue: $29.87 billion, according to RefinitivHigh-speed internet customers: 296,000 net additions, according to StreetAccountComcast added 354,000 new high-speed internet customers last quarter, a record gain for the second quarter. During the year-ago quarter, the company added 633,000 new customers.Comcast CFO Michael Cavanagh warned in September that the company expects lower broadband additions, a move that briefly sent the company’s stock down. Analysts have adjusted their forecasts.Sign-ups for NBCUniversal’s Peacock is another metric analysts are watching. During the year-ago quarter the platform had roughly 22 million sign-ups and 54 million as of July. The streaming service offers both paid and free options to customers.Analysts expect 17% year-over-year revenue growth, according to Refinitiv.Executives will discuss the results and issue guidance on a conference call starting at 8:30 a.m. ET.Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC.This story is developing.

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