Comcast (CMCSA) Declares $0.1575 Quarterly Dividend; 1.6% Yield
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Comcast results top estimates on film, theme parks growth
July 27, 2017 6:09 AM EDTBy Anjali Athavaley
NEW YORK (Reuters) - Comcast Corp's (NASDAQ: CMCSA) quarterly results topped Wall Street analysts' estimates on higher revenue in its filmed entertainment and theme parks businesses, even as the No. 1 U.S. cable operator lost video subscribers.
Net income attributable to Comcast rose 23.9 percent to $2.51 billion, or 52 cents a share, during the company's second quarter ended June 30, up from $2.03 billion, or 41 cents a share. Revenue rose... More
Comcast (CMCSA) Tops Q2 EPS by 4c, Beats on Revenues
July 27, 2017 6:03 AM EDTComcast (NASDAQ: CMCSA) reported Q2 EPS of $0.52, $0.04 better than the analyst estimate of $0.48. Revenue for the quarter came in at $21.17 billion versus the consensus estimate of $20.86 billion.
Consolidated Revenue Increased 9.8%; Net Income Attributable to Comcast Increased 23.9%; Adjusted EBITDA Increased 10.0%Net Cash Provided by Operating Activities was $5.2 Billion; Free Cash Flow was $2.2 BillionEarnings per... MoreComcast (CMCSA) Should Buy Verizon (VZ) - Citi
July 26, 2017 7:27 AM EDTCiti analyst Jason Bazinet is making a bold case that Comcast (NASDAQ: CMCSA) should acquire Verizon (NYSE: VZ).
Bazinet cited four reason why a deal makes sense for both:
1) Wireless would allow Comcast to extend Internet connectivity beyond the home.
2) Both cable and wireless firms will need to... More
UPDATE: Citi Downgrades Dish Network (DISH) to Sell
July 26, 2017 7:10 AM EDT(Updated - July 26, 2017 7:28 AM EDT)
(updated to add analyst comment)
Citi downgraded Dish Network (NASDAQ: DISH) from Buy to Sell with a price target of $52.00 (from $94.00).
Analyst Jason Bazinet believes the company maybe a loser according to a morning... More
Wells Fargo Starts Altice-USA (ATUS) at Market Perform
July 26, 2017 4:37 AM EDTWells Fargo initiates coverage on Altice-USA (NYSE: ATUS) with a Market Perform rating and a price target of $34.00.
Analyst Marci Ryvicker says the path for management to travel to reach its stated goals appears "murky"and believes the current valuation leaves little... More
