=Comcast (CMCSA) reported earnings on Wed 23 Jan 2019 (b/o)

Comcast beats by $0.01, beats on revs; increases dividend 10%

• Reports Q4 (Dec) earnings of $0.64 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.63; revenues rose 26.1% year/year to $27.85 bln vs the $27.56 bln S&P Capital IQ Consensus. Consolidated Adjusted EBITDA increased 21.6% to $8.2 billion.
• Revenue for Cable Communications increased 5.2% to $14.1 billion in the fourth quarter of 2018, driven by increases in high-speed internet, advertising, business services and other revenue, partially offset by a decrease in video revenue. High-speed internet revenue increased 10.1%, driven by an increase in the number of residential high-speed internet customers and rate adjustments.
  • Total Customer Relationships increased by 258,000 to 30.3 million in the fourth quarter of 2018. Total high-speed internet customer net additions were 351,000, total video customer net losses were 29,000, total voice customer net additions were 2,000 and total security and automation customer net additions were 39,000.
• Revenue for NBCUniversal increased 7.1% to $9.4 billion in the fourth quarter of 2018. Adjusted EBITDA increased 12.3% to $2.1 billion, primarily reflecting increases at Broadcast Television and Cable Networks, partially offset by a decrease at Filmed Entertainment.
• Increased Dividend by 10% to $0.84 per Share on an Annualized Basis for 2019

Earnings this week : Jan 21 - 25, 19 (wk 4)

Earnings confirmed to report this week:

Monday (Jan 21)    

• Market closed for Martin Luther King Jr. Day

Tuesday (Jan 22)

• Morning: ATI FITB GATX HAL HMST JNJ LOGI EDU PETS PLD SWK TRV
• Afternoon: AMTD CNMD COF FMBI HOPE IBKR IBM LRN LTXB NAVI RNST SFNC TBK UCBI WTFC ZION

Wednesday (Jan 23)

• Morning:  ABT APH ASML BKU BPOP CBU CMCSA HZO KMB NTRS PG PGR RES ROL SYF TDY TEL UTX WAT
• Afternoon:  ADTN AZPN BGG BXS CATY CCI CMRE CNS CP CTXS CVBF F FFBC FFIV HXL LRCX  LVS NXGN PTC RJF SLG SLM STL TCBI TER TRMK TXN UMPQ URI VAR XLNX

Thursday (Jan 24)

• Morning:  AAL AEP AIT AVX BANC BMY COLB DLX EWBC FCX GWW HBAN ISCA JBLU LUV MKC MMYT ORI RCI STM TAL TXT UNP VIVO WBS
• Afternoon: ALK ASB AVT CUBI DFS  ETFC FHB FII HTH INTC ISRG NBHC NSC OSIS RMD SBCF SBUX SIVB WAL WDC

Friday (Jan 25)

• Morning: ABBV ABCB APD CL DHI ERIC HRC IBKC LEA MOG.A NEE

-= Comcast (CMCSA) offers $31 billion for European pay-TV giant Sky

• Comcast (CMCSA): offering $31 billion for British pay-television broadcaster Sky, topping rival 21st Century Fox's (FOXA) bid for the 61% of Sky it doesn't already own.
• It is an aggressive move to wrest the service away from Rupert Murdoch’s 21st Century Fox — and the Walt Disney Co.

SKYAY Sky plc: Comcast (CMCSA) makes competing $31 bln bid for Sky 
Comcast Corporation (CMCSA) today published a Rule 2.4 announcement regarding a possible offer which is a superior cash proposal to acquire Sky. Comcast's announcement of a superior cash proposal of 12.50 per share represents a 16% increase in value over the existing 21st Century Fox (FOXA) offer for Sky. Comcast's superior cash proposal implies an equity value of $31bn (22bn) for Sky. A combination would bring attractive financial benefits to Comcast shareholders, and is expected to be accretive to Comcast's free cash flow per share in year one. 

=Comcast (CMCSA) reported earnings on Thur 27 April 2017 (b/o)

Comcast beats by $0.08, beats on revs:

• Reports Q1 (Mar) earnings of $0.53 per share, $0.08 better than the Capital IQ Consensus of $0.45; revenues rose 8.9% year/year to $20.46 bln vs the $20.1 bln Capital IQ Consensus. 
• Consolidated Adjusted EBITDA (formerly Operating Cash Flow) increased 10.4% to $7.0 billion.
• Revenue for Cable Communications increased 5.8% to $12.9 billion in the first quarter of 2017, driven primarily by increases in high-speed Internet, video and business services revenue. High-speed Internet revenue increased 10.1%, driven by an increase in the number of residential high-speed Internet customers and rate adjustments. Video revenue increased 4.3%, reflecting rate adjustments, an increase in the number of customers subscribing to additional services and an increase in the number of residential video customers. Business services revenue increased 13.6%, primarily due to an increase in the number of small business customers, as well as continued growth in our medium-sized business services. Advertising revenue decreased 6.3%, partially reflecting a decrease in political advertising revenue.
• Total Customer Relationships increased by 297,000 to 28.9 million in the first quarter of 2017. Residential customer relationships increased by 263,000, primarily driven by increases in double and single product customers. Business customer relationships increased by 34,000. At the end of the first quarter, penetration of our double, triple and quad product residential customers increased to 70.7%.
• Revenue for NBCUniversal increased 14.7% to $7.9 billion in the first quarter of 2017. Adjusted EBITDA increased 24.4% to $2.0 billion, reflecting increases at Filmed Entertainment, Cable Networks, Broadcast Television and Theme Parks. Cable Networks revenue increased 7.6% to $2.6 billion in the first quarter of 2017, reflecting higher distribution and content licensing and other revenue, partially offset by lower advertising revenue.