CMCSA
Comcast Corporation (NASDAQ: CMCSA) reported its first-ever quarterly profit as Peacock reached...
Article Summary
BUY- Comcast Corporation (NASDAQ: CMCSA) reported its first-ever quarterly profit as Peacock reached profitability, supported by strong performance from sports, entertainment, and major live events.
- Comcast Corporation's film studio also delivered strong results, with hits like The Super Mario Galaxy Movie and Obsession pushing revenue 25% higher to $3 billion.
- The milestone comes after Comcast posted a $432 million quarterly loss for the service in the first quarter despite crossing $2 billion in revenue for the first time.
- The profit also arrives as Comcast prepares to spin off NBCUniversal and Sky into a separate publicly traded company, with Comcast stock up 3% in premarket trading.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 1.4% | 25% | 20.0 ptsMinimal (1.4%) - Very weak |
| EPS Growth Next 5Y ? | -2.7% | 25% | 0.0 ptsNegative (-2.7%) - Declining expectations |
| Target Price Upside ? | 40.5% | 20% | 95.0 ptsHuge Upside (40.5%) - Target: $31.70 vs Current: $22.57 |
| Gross Margin % ? | 57.2% | 15% | 80.0 ptsVery Healthy (57.2%) - High-quality margins |
| Drawdown from 52-Wk High ? | -33.1% | 15% | 80.0 ptsSolid Dip (-33.1%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CMCSA
- Comcast Corporation operates as a media and technology company worldwide.
- The company operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.
- Its Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.
- The Business Services Connectivity segment offers connectivity services for small business locations, which include broadband, wireline voice, and wireless services; and ethernet network services for medium-sized customers and larger enterprises.
- Its Media segment operates NBCUniversal's national and regional cable networks; the NBC and Telemundo broadcast networks and owned local broadcast television stations; and Peacock, a direct-to-consumer streaming services.
- The company also operates international television networks comprising the Sky Sports networks, as well as other digital properties.
- Its Studios segment operates NBCUniversal and Sky film and television studio production and distribution operations.
- The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China.
- It also offers a consolidated streaming platforms under the Philadelphia Flyers and the Xfinity Mobile Arena in Philadelphia, Pennsylvania; and Xumo.
- Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.