|Bid||43.56 x 2900|
|Ask||43.94 x 3000|
|Day's Range||43.20 - 44.18|
|52 Week Range||31.71 - 47.74|
|Beta (5Y Monthly)||0.99|
|PE Ratio (TTM)||17.58|
|Forward Dividend & Yield||0.92 (2.12%)|
|Ex-Dividend Date||Oct 06, 2020|
|1y Target Est||N/A|
Yahoo Finance's Alexandra Canal breaks down how Disney+ & 'Hamilton' helped lift streaming usage in July, according to new data from 7Park.
In the first quarter, subscriber counts for the cable, telco, and satellite-TV services fell at about an 8% annualized rate, accelerating from declines of 5.4% last year and 3.3% in 2018.
Comcast (NASDAQ: CMCSA) posted Q2 earnings of $4.65 billion, an increase from Q1 of 4.23%. Sales dropped to $23.71 billion, a 10.88% decrease between quarters. Comcast earned $4.85 billion, and sales totaled $26.61 billion in Q1.What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed in a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth in a company and is a sign of higher earnings per share for shareholders in the future. A low or negative ROCE suggests the opposite. In Q2, Comcast posted an ROCE of 0.05%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Comcast is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth.For Comcast, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies.Q2 Earnings Insight Comcast reported Q2 earnings per share at $0.69/share, which beat analyst predictions of $0.55/share.See more from Benzinga * Comcast's Debt Overview * Comcast: Q2 Earnings Insights * Comcast's Earnings: A Preview(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.