|Bid||266.02 x 900|
|Ask||270.25 x 1400|
|Day's Range||267.89 - 271.42|
|52 Week Range||250.10 - 408.83|
|PE Ratio (TTM)||7.93|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Comcast (CMCSA) has been investing in enhancing its network capacity, improving its investments in line extensions, and improving its spending on infrastructure and theme parks. As expected by Comcast’s management, its capex fell 5% to $2.0 billion in the first quarter due to a lower level of capex on CPE (customer premises equipment).
The fall in Comcast’s voice revenue is primarily the result of the distribution of voice revenue to customers with bundled services and a fall in the number of residential voice customers. In the quarter, the media and cable giant reported voice revenue of nearly $1.01 billion, a fall of 2.7% YoY (year-over-year) from $1.03 billion. AT&T posted a fall of 20.0% YoY in the legacy voice and data service revenues in its Business Solutions segment, while Charter’s voice revenue fell 19.8%.
Charter's stock sold off after earnings on accelerated cord-cutting. Is the post-earnings drop reason to panic, or is it time to buy?
At the end of May 14, T-Mobile (TMUS) had a market cap of ~$47.8 billion. In the US wireless carrier industry, AT&T (T) leads with a market cap of ~$197.7 billion, followed by Verizon (VZ) with its market cap of ~$200.4 billion as of May 18.
In a few years, some U.S. broadband markets could be much more competitive than they are today. A slew of tech and telecom giants are keen on using high-frequency spectrum bands to drive the rollout of fixed wireless broadband services, via 5G and other radio technologies. But advances in silicon and radio technologies make fixed wireless far more intriguing as a broadband alternative than it was a decade ago.
Cable stocks warrant a premium valuation, as the sector is a better business than wireless, KeyBanc Capital Markets said in an industrywide report. The Analyst KeyBanc's Brandon Nispel and Maddie Schrage ...
Investors in the biggest internet service providers shrugged off passage of a U.S. Senate bill that would reverse the Federal Communications Commission’s repeal of net neutrality rules.
The US pay-TV market has been losing momentum over the past few quarters. The primary factors in this slide are rising customer attrition amid cord-cutting and competition from over-the-top (or OTT) video streaming firms.
More concerning to bond investors is the company’s debt issuance to fund share buybacks with a consequent increase in leverage to 4.6x. Ms. Noland was formerly Head of Distressed Research at Salomon Brothers, Managing Director of High Yield and Emerging Markets Research at CIBC/Oppenheimer, Director of High Yield Trading at Merrill Lynch and Head of Bankruptcy Research at Bear Stearns. Charter lost 122,000 residential video subscribers, even more than the 100,000 lost during the prior year period.
One 12-story tower wasn't enough for the nation's No. 2 cable company and the hundreds of local jobs it has been adding.
On April 27, AT&T (T) was the largest US wireless service provider based on market cap (~$216.2 billion), followed by Verizon (VZ), which had a market cap of ~$204.4 billion. In comparison, Sprint (S) had a market cap of ~$24.1 billion, and T-Mobile (TMUS) and Charter (CHTR) had market caps of ~$54.6 billion and ~$71.4 billion, respectively.
At the end of May 2, Sprint (S) had a market capitalization of ~$20.7 billion. In the US wireless carrier industry, AT&T (T) leads the industry with a market cap of ~$196.9 billion, followed by Verizon (VZ), which had a market cap of ~$194.8 billion on May 1. T-Mobile’s (TMUS) market cap was $48.4 billion, while Charter’s (CHTR) market cap reached $65.3 billion.
Frontier Communications (FTR) reported its 1Q8 results on May 1. The company’s revenues came in at $2.199 billion in 1Q18, exceeding the Wall Street expectations of $2.160 billion. The improving subscriber trends in the CTF markets also led to its first positive net additions in the FiOS broadband customer base in the quarter.
Frontier (FTR) started 2018 with a bang and delivered better-than-expected 1Q18 results on May 1. The company exceeded Wall Street expectations for revenues and posted narrower-than-expected losses in the quarter. Frontier reported an adjusted net loss of $45 million, which was narrower than the adjusted loss of $91 million in 1Q17.
Charter Communications (CHTR) has posted YoY (year-over-year) growth in its top line for the past few quarters. Charter’s revenue increased ~4.9% YoY on a pro-forma basis to reach $10.7 billion in 1Q18, which was in line with Wall Street’s expectations. This significant YoY increase in total revenue was primarily due to strong growth in the residential and commercial components as it integrates the Time Warner Cable and Bright House Networks acquisition. Charter reported its 1Q18 results on April 27, 2018.
Coca-Cola (KO) announced its fiscal 1Q18 results on April 24. The revenue declined 16.5% to $7.6 billion and surpassed the estimates by ~4.0%. The company’s EPS increased 9.3% to $0.47 per share—compared to $0.43 in 1Q17. The EPS also surpassed the consensus estimate of $0.46. The stock fell 1.0% last week.
Charter Communications' (CHTR) first-quarter 2018 results benefit from the launch of Spectrum pricing and packaging in legacy TWC and Bright House footprints.
Charter Communications Inc. suffered its worst stock plunge in nine years following dismal results, renewing concerns that the second-largest U.S. cable provider can’t hold on to TV customers.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action after the March Personal Income and Outlays data reveals price inflation has reached 2.0% ahead of the FOMC meeting this week in which the Fed is expected to stand pat on rates but upgrade the inflation language in the announcement.
Youtube is looking to capture more traditional TV ad dollars. Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Ethan Wolff-Mann discuss why people are watching more content on TV sets.
PSEG, New York Times, Walmart, Amazon and Netflix are the companies to watch.
CNBC's Julia Boorstin reports on Charter Communications' share price falling over 15 percent after releasing quarterly earnings with a major loss in subscriber numbers.