Brian Roberts, Chairman and CEO of Comcast
David A. Grogan | CNBC
Comcast will report third-quarter earnings earlier than the bell Thursday.
Here is what analysts expect:
- Earnings: $0.75 per share adjusted, in line with Refinitiv
- Income: $29.87 billion, in line with Refinitiv
- Excessive-speed web clients: 296,000 web additions, in line with StreetAccount
Comcast added 354,000 new high-speed internet customers final quarter, a file achieve for the second quarter. In the course of the year-ago quarter, the company added 633,000 new customers.
Comcast CFO Michael Cavanagh warned in September that the corporate expects decrease broadband additions, a transfer that briefly despatched the corporate’s inventory down. Analysts have adjusted their forecasts.
Signal-ups for NBCUniversal’s Peacock is one other metric analysts are watching. In the course of the year-ago quarter the platform had roughly 22 million sign-ups and 54 million as of July. The streaming service gives each paid and free choices to clients.
Analysts anticipate 17% year-over-year income progress, in line with Refinitiv.
Executives will talk about the outcomes and situation steering on a convention name beginning at 8:30 a.m. ET.
Disclosure: Comcast is the proprietor of NBCUniversal, the guardian firm of CNBC.
This story is creating.
