comcast q2 earnings 2020

3 Reasons Comcast Is a Buy After Q2 Earnings July 30, 2021 Automation User Buy, Comcast, Earnings, Reasons. Calculation of basic and diluted earnings/(loss) per share (Unaudited) (in € millions, except share and per share data) Three months ended . Comcast (CMCSA Quick Quote CMCSA - Free Report) is set to report second-quarter 2020 results on Jul 30. Comcast Buys (Some) Time With Respectable Q2 Earnings The entertainment and television giant doesn't have to be in too big of a hurry By James Brumley , InvestorPlace Feature Writer Jul 26, 2018 . The drop "reflect[s . Q2 Earnings Scorecard & Top Stock Reports for Comcast ... Comcast to Host Fourth Quarter and Full Year 2020 Earnings ... while earnings per share increased 22% to 84 cents. Adjusted EBITDA decreased 7.0% to $16.1 billion. Comcast Beats on Q2 Earnings Despite Revenue Falling More ... Comcast (CMCSA) delivered earnings and revenue surprises of 25.45% and 0.24%, respectively, for the quarter ended June 2020. from traditional-media rivals such as Comcast . 04:05 PM ET 07/30/2020; Comcast earnings for the June quarter fell from a year earlier but topped estimates as the company signed up 10 million subscribers for its new Peacock-branded video . Comcast Reports 2nd Quarter 2020 Results | Comcast Corporation Net (loss)/income attributable to owners of the parent (356 ) 1 (76 ) (355 ) The Zacks Consensus Estimate for second-quarter 2020 revenues is pegged at $23.75 billion, indicating an 11.6% dip from the year-ago quarter's reported figure. PHILADELPHIA--(BUSINESS WIRE)-- Comcast Corporation will host a conference call with the financial community to discuss financial results for the fourth quarter and full year 2020 on Thursday . We finished the quarter withover 209m paid memberships, slightly ahead of our forecast. Total revenues (GAAP) $17.7B, (24)%; Industrial organic revenues* $16.3B, (20)%. Today was Comcast's turn to reveal just how hard hit its Universal locations — and film group — were in Q2.Revenue at Comcast's Universal theme parks plummeted by 94.1% in the quarter ended June 30, 2020, the company said on Thursday. A key component in Comcast's positive earnings was . Jul 30, 2020 4:26am PT Comcast Sees Double-Digit Q2 Declines Amid COVID-19 Lockdown . Comcast (CMCSA) stock gains as Q2 earnings top expectations July 30, 2020 September 11, 2020 Telecommunications company Comcast Corp. ( NASDAQ: CMCSA ) reported lower earnings and revenues for the second quarter of 2020. COMCAST CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nasdaq: CMCSA | Nasdaq. Sinclair Broadcast Group Inc ( NASDAQ:SBGI . Comcast Corporation (CMCSA) CEO Brian Roberts on Q2 2020 Results - Earnings Call Transcript SA Transcripts Thu, Jul. COMCAST CORP (NASDAQ: CMCSA) Q2 2021 earnings call dated Jul. Comcast CMCSA is set to report second-quarter 2020 results on Jul 30. Q2 2021 Q1 2021 Q4 2020 Q3 2020; EPS Estimate: 0.66: 0.58: 0.48: 0.52: EPS Actual: Adjusted earnings before interest, taxes, depreciation and amortization sank 29.5% to $1.6 billion, driven . (MFTranscribers) Aug 6, 2020 at 7:30AM. From this graphic we can see that they only generated $87 million during this quarter which was down about 94% from the $1.464 they made for the same quarter last […] AT&T lost an astounding 900,000 cable subscribers in the first quarter of 2020, and now, Comcast has reported significant losses of its own for Q2. For the . Comcast (CMCSA Quick Quote CMCSA - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2020.This widely . It suffered a pandemic-fueled decline in revenue of 11.7% over its 2019 Q2 results, and a resultant decline in adjusted net income by 12.2%. AP Photo/Gene J. Puskar, File. Remember: . The following slide deck was published by Comcast Corporation in conjunction with their 2020 Q2 earnings call. PHILADELPHIA-- ( BUSINESS WIRE )--Comcast Corporation will host a conference call with . And with these past earnings dates behind CMCSA, investors can look ahead to the next confirmed earnings date of 1/27/2022 7:00 am. Image source: The Motley Fool. The second quarter of 2020, when the coronavirus pandemic ravaged the United States and beyond, was not a good one for theme parks or movie theaters. Overall, its cable division reported $14.4 billion in revenue . Total Q2 earnings for these 39 index members are down -47.8% from the same period last year on -2.2% lower revenues, with 74.4% beating EPS estimates and 64.1% beating revenue estimates. Thanks, Brian, and good morning, everyone. The Zacks Consensus Estimate for second-quarter 2020 revenues is pegged at $23.75 billion, indicating an 11.6% dip from the . Quarterly Results. NBCUniversal Recovery Paces Strong Q2 Results For Comcast. In an earnings report published today, Comcast . 2020. Comcast has released its earnings results for Q2 2020, and confirmed that work on Universal Orlando Resort's fourth gate Epic Universe has been delayed until "the future becomes more certain". Total Q2 earnings for these 39 index members are down -47.8% from the same period last year on -2.2% lower revenues, with 74.4% beating EPS estimates and 64.1% beating revenue estimates. Good morning . Motley Fool Transcribers. Implied change from Q2 21 . Adjusted EBITDA increased 13% to $8.9 billion. Key points on GE's financial performance this quarter: Total orders $13.8B, (38)%; organic orders (35)%. E-mail: Password: Show password. More . Earnings, Dividend and Event Calendar for CMCSA (Comcast) Comcast Corp (CMCSA) 50.59 +0.08 ( +0.16% ) USD | NASDAQ | Dec 29, 16:00 The earnings report revealed that Universal Parks & Resorts suffered a 94 percent revenue loss ($87 million) during the second quarter of 2020. For Q4 of 2020, CMCSA reported earnings of .560/share, with the earnings report taking place on 1/28/2021. SBGI earnings call for the period ending June 30, 2020. July 30, 2020 4:20am. 2019. Comcast CMCSA is set to report second-quarter 2020 results on Jul 30. Today was Comcast's turn to reveal just how . Comcast (CMCSA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2020. This marks as the best quarterly result of the MVNO. Here are the key numbers: Adjusted earnings per share: 67 cents expected in a Refinitiv survey of analysts Revenue: $27.18 billion in the Refinitiv survey High-speed internet customers: 270,000 net adds expected in a StreetAccount survey Investors will continue to keep an eye on how Peacock is faring in the . 2020 Q1: 2020 Q2: 2020 Q3: 2020 Q4: 2021 Q1: 2021 Q2: 2021 Q3: 2021 Q4: 2022 Q1: 2022 Q2: 2022 Q3: 2022 Q4: Sales M $ Released Forecast Spread: 26 858 27 081-0,82%: 26 . 2020 Q1: 2020 Q2: 2020 Q3: 2020 Q4: 2021 Q1: 2021 Q2: 2021 Q3: 2021 Q4: 2022 Q1: 2022 Q2: 2022 Q3: 2022 Q4: Sales M $ Released Forecast Spread: 26 858 27 081-0,82%: 26 . Log in. Comcast earnings beat analyst estimates on the top and bottom lines. June 30, March 31, June 30, June 30, June 30, 2020. The parent company of NBCUniversal stated in its Q2… By Dade . Consolidated revenues slid 11.7% year over year to $23.72 billion but beat the Zacks Consensus Estimate of $23.66 billion. Comcast to Host Second Quarter 2020 Earnings Conference Call. Comcast has confirmed that its next quarterly earnings report will be published on Thursday, January 27th, 2022. 04:05 PM ET 07/30/2020; Comcast earnings for the June quarter fell from a year earlier but topped estimates as the company signed up 10 million subscribers for its new Peacock-branded video . Earnings per Share (EPS) for the second quarter of 2020 was $0.65, a decrease of 4.4% compared to the second quarter of 2019. Today was Comcast's turn to reveal just how hard hit its Universal locations — and film group — were in Q2.Revenue at Comcast's Universal theme parks plummeted by 94.1% in the quarter ended June 30, 2020, the company said on Thursday. Revenue: $28.55 billion vs . Their wireless revenue also rose 70.4% year-on-year to $556 million. For the six months ended June 30, 2020, EPS was $1.11, a 23.4% decrease compared to the prior year. It is possible that this date will be updated in the future, once the company announces . Shares of Comcast (NASDAQ:CMCSA) rose 2% in pre-market trading after the company reported Q2 results. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. and increased precipitously following the company's Q4 FY 2020 earnings release . It's the first earnings report since Comcast's NBCUniversal launched its new ad-supported streaming service, Peacock, which has . Not that 2020 was bad — revenue fell only 2%, propped up by lots of demand for broadband internet connections while subsidiary NBCUniversal's theme parks and movie business was mostly . Analysts estimate that Comcast will likely report an Earnings Per Share (EPS) of $0.75 . 30, 2020 Comcast Corporation 2020 Q2 - Results - Earnings Call Presentation In Q2, revenue increased 19% year over year to $7.3billion, while operating income rose 36% year over year to $1.8 billion. Netflix says that Army of the Dead, Fatherhood and Sweet Tooth were among its most popular shows and films in Q2. dropping from $1.47 billion in Q2 2019 to $87 million in Q2 2020. Comcast (NASDAQ:CMCSA) is having itself a year. Michael J. Cavanagh — Chief Financial Officer. I'll begin on slide four with our second quarter consolidated 2021 results. Log in. Total High-Speed Internet Customer Net Additions Were 633,000, the Best Quarterly Result on Record Last year, they only earned $326 million. 29, 2021Corporate Participants: Marci Ryvicker — Senior Vice President of Investor Relations. Comcast's cable-TV revenue in Q2 was $5.4 billion, down 3.2 percent year over year. Roku (ROKU) reports Q2 earnings after market close on Aug. 4. . June 18, 2020 10:00 AM Eastern Daylight Time. COVID has created some lumpiness in ourmembership growth (higher growth in 2020, slower 2020. Six months ended . Xfinity Mobile ends Q2 2021 with a total of 3.383 million mobile customers instead of the 2.393 million it had in Q2 2020. Earnings per share decreased 11.54% over the past year to $0.69, which beat . The second quarter of 2020, when the coronavirus pandemic ravaged the United States and beyond, was not a good one for theme parks or movie theaters. Basic (loss)/earnings per share . Disclaimer. The results, however, came in above the market's projection and the company's stock gained early Thursday. Comcast's theme parks division turned a profit in Q2, marking its first profitable period since Q1 2020 (before COVID-19 forced the shuttering of almost all theme parks globally), the company . E-mail: Password: Show password. Cable Communication Revenue Details COMCAST CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nasdaq: CMCSA | Nasdaq. Jeff Shell — Chief Executive Officer of NBCUniversal. 2019. Do the numbers hold clues to what lies ahead for the stock? For the full year, we now expect capital to be slightly above 2020 levels, reflecting our plan, as I've previously mentioned, to . Comcast Corporation (NASDAQ:CMCSA) Q2 2020 Earnings Call Jul 30, 2020, 8:30 a.m. Telecommunications company Comcast Corp. (NASDAQ: CMCSA) reported lower earnings and revenues for the third quarter of 2020. Comcast CMCSA 's Q2 is a case in point. Comcast Beats on Q2 Earnings Despite Revenue Falling More Than 90% at the Box Office and Theme Parks Overall, NBCUniversal revenue sunk 25% Tony Maglio and Jennifer Maas | July 30, 2020 @ 4:13 AM Comcast reports a rise in Q2 earnings and revenue July 25, 2019 March 24, 2020 Comcast Corporation ( NASDAQ: CMCSA ) reported a 13% growth in earnings to $0.78 per share for the second quarter of 2019. Remember: . Brian L. Roberts — Chairman, Chief Executive Officer and President. Peacock launched in April 2020 on Comcast's own broadband and pay . David N. Watson — President and Chief Executive Officer of . There was a minor recovery in Q4 2020 where revenues saw only 2.4% y-o-y . Analysts had been . Comcast (CMCSA) stock gains as Q2 earnings top expectations July 30, 2020 September 11, 2020 Telecommunications company Comcast Corp. ( NASDAQ: CMCSA ) reported lower earnings and revenues for the second quarter of 2020. Analysts believe that the growth of Xfinity's numbers . At Comcast's cable systems, total customer relationships increased by 294,000 to 33.8 million in the second quarter. Comcast is set to report second-quarter financial results before-the-bell Thursday.. Comcast earnings — . . The second quarter of 2020, when the coronavirus pandemic ravaged the United States and beyond, was not a good one for theme parks or movie theaters. Adjusted EPS decreased 11.5% to $0.69. RELATED: Comcast adds 323,000 internet customers in Q2 2020 Of Charter's 842,000 new internet subs, about 254,000 are new customers stemming from promotions and discounts related to Covid-19. Overall, Comcast's cable segment grew revenue to $16.1 billion from $15.0 billion in the third quarter, fueled by growth in broadband, wireless, and advertising revenue. The Zacks Consensus Estimate for second-quarter 2020 revenues is pegged at $23.75 billion . Comcast's cord-cutting losses continued, as it shed 477,000 video customers in the quarter, up from the 224,000 it lost in Q2 2019. Other Ticker Details CMCSA Company Name Comcast Corporation Earnings Call Date 29-Jul-2021 Time (ET) 8:30 AM Fiscal Quarter Q2 Fiscal Year Here's what Comcast reported compared to Wall Street's expectations: Adjusted earnings per share: 84 cents vs. 67 cents expected in a Refinitiv survey of analysts. This was evident in the Q2 and Q3 2020 results of the company where Comcast's revenues declined 12% and 5%, respectively. Broadband subscriber net additions came to 354,000, compared with 323,000 in . *The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Comcast reported strong Q2 2021 earnings on Thursday that exceeded Wall Street's expectations, sending the conglomerate's stock upwards. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC).EDGAR performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the SEC. Revenue increased 20% to $28.5 billion. Comcast (CMCSA) Q2 2020 earnings July 30, 2020 admin Earnings 0 Brian Roberts, chief executive officer of Comcast, arrives for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. 2020 was a boom year for Netflix, despite the pandemic, as consumers subscribed to . ET. Expects quarter year-over-year ad revenue growth rate for the third quarter of 2020 to be roughly similar to this July performance; Stock is up $13.00 (+5.14%) after hours, as of 4:15pm ET; Comcast Q2 Earnings: Lost 477,000 pay TV subscribers; 10 million sign ups for Peacock TV; Revenue of $23.7 billion, a decrease of 11.7% year-over-year. Comcast earnings beat with strong broadband subscriber growth; AT&T is still largest U.S. pay TV provider but bleeds video subs Posted on July 25, 2019 by Alan Weissberger Despite much higher video subscriber losses than in the past, Comcast generated healthy revenue and profit margin increases in Q2-2019 , based on the strength of its . Comcast topped Wall Street analysts' forecasts for the COVID-19-hit second quarter, with total revenue slipping 12% from a year ago to $23.7 . . Comcast released their Q2 earnings report to day and in surprise to no one, their theme park division fell 94% during the April-June time frame. For Q3 of 2020, CMCSA reported earnings of .650/share, with the earnings report taking place on 10/29/2020. Earnings for Comcast are expected to grow by 15.58% in the coming year, from $3.21 to $3.71 per share. Chief Financial Officer at Comcast. See the latest earnings results for CMCSA, Explore Comcast Corp - Class A's earnings history, its beat/miss ratio and find out the outlook for next earnings reports. Comcast CMCSA reported second-quarter 2020 adjusted earnings of 69 cents per share, beating the Zacks Consensus Estimate by 25.5% but decreasing 11.5% year over year. Comcast will be holding an earnings conference call on Thursday, January 27th at 8:30 AM Eastern. The . COMCAST CORP (CMCSA) Q2 2021 Earnings Call Transcript . Comcast Q3 Earnings: Lost 273,000 pay TV subscribers (down from 477,000 in Q2); 22 million sign ups for Peacock TV (up from 10M in Q2); Revenue of $25.5B (up from $23.7B in Q2). GE released its second quarter 2020 results today, and I encourage you to read the full materials and listen to our earnings call at 8:00 AM ET. Comcast felt the impact of the coronavirus shutdown in the second quarter as the media giant posted double-digit declines in revenue and profits. Comcast's theme parks division turned a profit in Q2, marking its first profitable period since Q1 2020 (before COVID-19 forced the shuttering of almost all theme parks globally), the company . Comcast Corporation (CMCSA) Q2 2020 Earnings Call Transcript July 30, 2020 September 18, 2020 Comcast Corporation (NASDAQ: CMCSA) Q2 2020 earnings call dated July 30, 2020 Corporate Participants: Marci Ryvicker -- Senior Vice President, Investor Relations Brian L. 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