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-0.000134372480516059 0.000403117441547986 -0.000403117441547986 0 -0.00161246976619195 -0.0042999193765116 -0.00524052674012363 -0.00483740929857564
Stock impact report

Comcast's Profits Take a Hit From Park and Theater Closures [The Motley Fool]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: The Motley Fool
The COVID-9 pandemic is lifting parts ofComcast(NASDAQ:CMCSAThe overall result was a 7% drop in adjusted earnings and an over % hit to free cash flow, with potentially worse results on the way in the fiscal second quarter.With that bigger picture in mind, let's look at the latest numbers.Image source: Getty Images.Cable and communication gainscable and communicationsEarnings expanded at a faster rate, pushing adjusted profitability up to % of sales from 0% a year ago. "[W]e're extremely pleased that our investments in our network continue to pay off as we are handling significant increases in traffic and meeting our customers' needs," CEO Brian Roberts said in a press release.The bad newsComcast's other segments fared much worse through the start of the pandemic. NBC Universal started to feel the pinch from canceled sports broadcasts, which pulled advertising spending lower. Yet the bigger impacts showed up in the film and theme park segments, where sales were down % and %, respective Show less Read more
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