What To Expect From Comcast's Q4 Results - News Summed Up

What To Expect From Comcast's Q4 Results


In the first nine months of fiscal 2018, Comcast’s consolidated revenues grew 6% year-over-year (y-o-y) to $66.7 billion and its adjusted EBITDA grew 4% y-o-y to $22 billion. We have created an interactive dashboard on What’s The Outlook For Comcast’s Q4, which outlines our forecasts for the company’s Q4 and full-year fiscal 2018 results. We expect Comcast to generate around $87 billion in revenues in 2018, and earnings of over $11 billion. Comcast’s video subscribers and voice subscribers have been declining modestly over the last two years due to stiff competition in the live streaming media and telecom alternatives, respectively. However, we expect Comcast’s high-speed internet customers to grow going forward, as the company could benefit from initiatives such as Xfinity Mobile, a wireless service through 16 million WiFi hot-spots.


Source: Forbes January 22, 2019 15:11 UTC



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