|Bid||42.02 x 7100|
|Ask||42.03 x 400|
|Day's Range||42.00 - 42.83|
|52 Week Range||34.78 - 42.92|
|PE Ratio (TTM)||20.19|
|Forward Dividend & Yield||0.63 (1.48%)|
|1y Target Est||N/A|
By the time Comcast’s fourth quarter earnings call wraps up Wednesday morning, it’s likely we’ll hear more from executives on what the impact of federal tax reform will have on the Philadelphia-based media giant, but analysts aren't waiting to make their own predictions. In a note that was reported by FierceCable , MoffettNathanson analyst Craig Moffett said he expects Comcast to see a $14.4 billion boost in cash flow by 2021 thanks to legislation that rolled back the corporate tax rate to 21 percent from 35 percent. Just after tax reform passed legislative hurdles in late December, CEO Brian Roberts told the Philadelphia Business Journal that since Comcast is a “huge investor of capital,” the new ability to deduct those expenses right away will encourage them to keep up the pace of that investment.
Comcast is expected to earn $0.47/share on $21.84 billion in revenue. Meanwhile, the so-called Whisper number is $0.51. The Whisper number is the Street's unofficial view on earnings.
Megyn Kelly took a moment Monday on her "Today" show to respond to Jane Fonda, who used the NBC host and journalist as a punchline over the weekend. Speaking with Hoda Kotb and Savannah Guthrie on "Today" last week to promote a new documentary on her, Fonda joked with "Frankie & Grace" co-star Lily Tomlin about an awkward moment she shared with Kelly in the debut week of Kelly's show. Kotb asked how long Tomlin and Fonda knew each other.
Montana will sign contracts only with internet service providers that honour "net neutrality" firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rolling back rules introduced in 2015. Bullock signed an executive order requiring state contract recipients to adhere to so-called net neutrality, which barred internet service providers from blocking or throttling traffic or offering paid fast lanes, also known as paid prioritisation. The Republican-majority FCC voted in December along party lines to reverse the 2015 rules.
The leading cable and internet provider reports quarterly results this week. Cord-cutters, margin contraction, and content costs can eat into Comcast's success.
Comcast is scheduled to report its Q4’17 earnings on January 24th. In the first three quarters of 2017, Comcast’s consolidated revenues grew by 5% and its operating profit grew by around 10%.
A company can live or die by its reputation. Year after year, the vast majority of familiar companies and brands maintain — or build — their bond with the American consumer by offering dependable products ...
Expansion of theme park business, opening of multiple resorts, studios and other attractions are likely to drive Comcast's (CMCSA) NBC Universal segment.
Twenty-First Century Fox (FOXA) (or Fox) has been decreasing its borrowings in the last five years. It raised its debt $918 million in fiscal 2017, a 28% YoY (year-over-year) fall, which clearly indicates that Fox has changed its policy of raising its debt in the last year. The proposed merger agreement with The Walt Disney Company (DIS) could be the reason for such a decline in borrowing.
Certain Walt Disney (DIS) properties, especially television operations, are cutting jobs as part of restructuring efforts that may be meant to help the company whittle down costs and realign its resources. Disney’s ABC Television Group is said to be quietly laying off workers at its television stations, production studio, and cable networks, with operational areas expected to be most impacted by the layoffs. As ABC quietly adjusts its workforce, ESPN—Disney’s other media asset—announced in November that it was eliminating roughly 150 jobs.
A boost in investment in U.S. manufacturing is possible, but far from assured. More tangibly, especially for tech companies, tax cuts will boost dividends, buybacks, and mergers and acquisitions, all of which may boost stock prices. For example, Apple (AAPL), which may have the most to gain from tax cuts, with $252 billion in cash overseas, doesn’t have many places to invest that will demonstrably boost its financial results.
AT&T (T.N), owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner (TWX.N), their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday. The Justice Department sued in November to stop AT&T, the No. 2 U.S. wireless company, from buying Time Warner for $85 billion because of concerns that it could raise prices for rivals and pay-TV subscribers as well as hamper the development of online video. Daniel Petrocelli, who represents AT&T and Time Warner, said that his team had been unable to get data requested from third parties, who had said they no longer had some of it.
On Aug 17, 2017, Comcast Corp. (CMCSA) completed the nationwide rollout of its wireless services under the Xfinity Mobile brand.
Treasury yields are creeping up, with the 10-year at its highest level in almost a year. Add to that a potential government shutdown this weekend, and it’s not hard to see equity markets becoming rattled — or at least more cautious. Notably, international subscribers now exceed the domestic total and should drive growth for years to come.
Comcast's (CMCSA) growth prospects from the rollout of DOCSIS 3.1 technology and wireless venture look impressive. However, competition posed by online video streaming providers is a woe.
On Thursday, Nomura Instinet downgraded Comcast Corporation (NASDAQ:CMCSA) from a “Buy” to “Neutral” on concerns that its growth was about to hit a major headwind. Namely, Comcast is dealing with a “narrowing runway” that will ultimately prove to be a drag on CMCSA stock, as competitors drive deeper into the company’s core-but-commoditized markets.