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-2.17485863419916E-05 0.000217485863418834 -0.000869943453675492 -0.00184862983906048 -0.00717485863418882 -0.00485863418877784 -0.00478468899521529 -0.00445846020008696
Stock impact report

UPDATE 1-Comcast results beat forecasts on broadband growth; 'Cats' hits NBC Universal unit [Reuters]

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: Reuters
Comcast results beat forecasts on broadband growth; 'Cats' hits NBC Universal unit (Reuters) - Comcast Corp ( CSA.O ) on Thursday beat Wall Street’s revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers than Wall Street expected and its NBC Universal unit revenues were hurt as the film “Cats” bombed at the box office. Management said on the earnings call that it expected accelerating cable TV subscriber declines, which helped push the stock down 1.3%. Other media company shares were also down. “With the rate adjustments that we are implementing in 2020 as well as the ongoing changes in consumer behavior, we expect higher video subscriber losses this year,” said Chief Financial Officer Michael Cavanagh. Pay TV companies have been raising rates instead of trying to hang on to bargain-chasers who are cutting cable service. In the fourth quarter Comcast lost 149,000 video customers, more than a loss of 139,000 estimated by rese Show less Read more
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