Comcast reports earnings before the bell — here's what to expect

Core Viewpoint - Comcast's fourth-quarter earnings report is highly anticipated, with a focus on its broadband business and the spinout of its cable TV networks [1][5]. Broadband Business - Comcast's broadband business is experiencing a slump in customer growth, with an expected loss of over 100,000 broadband customers in the fourth quarter [2][3]. - The market remains "competitively intense," with increased competition from wireless providers like Verizon and T-Mobile [3]. - Despite the expected subscriber loss, domestic broadband revenue continues to grow due to rising prices, indicating stability in the broadband business [3]. Streaming and Cable TV Networks - Wall Street is looking for updates on NBCUniversal's streaming service, Peacock, which saw a customer increase during the third quarter due to the Summer Olympics [4]. - The spinout of Comcast's cable TV networks, including CNBC, MSNBC, E!, and USA, is also a point of interest for investors [5]. - Attendance numbers at Universal theme parks are being monitored, as they have declined in recent quarters following a surge post-COVID lockdowns [5]. Financial Performance - Comcast reported earnings per share of 86 cents and revenue of $31.64 billion [7].